Sarkozy warns on Hollande's minimum wage promise

Socialist candidate Francois Hollande promised to raise France’s minimum wage but Nicolas Sarkozy warned his election opponent’s policies risk punishment by markets.

19th April, 2012
Sarkozy warns on Hollande's minimum wage promise
Francois Hollande is extending his lead in polls in the run-in to the French election.

Socialist candidate Francois Hollande promised to raise France’s minimum wage if he wins next month’s presidential vote as incumbent Nicolas Sarkozy stepped up warnings his opponent’s policies risk punishment by markets.

Hollande, who is extending his lead in polls of voter intentions for the May 6th runoff, said he’ll organise a meeting of unions and employers to set an increase that would be implemented in July.

“We’ll...

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