World
Baroin as new finance minister
PARIS : President Nicolas Sarkozy appointed Francois Baroin, budget minister and government spokesman, as France 's new
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Baroin will be replaced in his duties by Valerie Pecresse, a minister of higher education.
Baroin, 46, has worked closely with the finance ministry and had been seen as a natural successor to Lagarde, named late on Tuesday as the new chief of the International Monetary Fund.
Copyright Reuters, 2011