France to outline plans to reduce budget deficit

3 July 2012 Last updated at 07:45 ET Help

Francois Hollande's government is due to announce details about how it will bring the country's budget deficit under control, as the socialist party releases its revised budget.

France's overseer of public spending, the Court of Accounts, has said the government will have to find billions of euros of extra revenue, or make substantial cuts over the coming years.

Jeremy Howell reports.

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