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France trims expectations after state property sales miss target

02 June 2011, 05:08 PM

The French government has set a more cautious ¤400m target for asset sales this year following two years in which disposals fell well short of target. It sold ¤502m in 2010 against a ¤900m target, and ¤475m in 2009 compared with a ¤1.2bn objective according to budget ministry figures reported by Les Echos newspaper.


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