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imagePARIS: France's Socialist government reaffirmed on Thursday it would not resort to tax rises to bring its public deficit within EU limits, a day after Brussels gave it three months to do more to consolidate its finances.

Asked on France 2 television whether there would be tax rises, government spokesman Stephane Le Foll said: "No, that is very clear - there will be no tax rises."

Le Foll said France would achieve the budget consolidation through savings "in all sectors" except defence, where he said spending had been ringfenced.

Copyright Reuters, 2015

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