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As finance minister during the late, sclerotic socialist period, he quietly helped steer the treasury through various close fiscal calls.
But the system is coming under close fiscal scrutiny for the first time in at least 50 years.
President Nicolas Sarkozy has also announced that some retiring state employees would not be replaced and has pledged to close fiscal loopholes.
In addition to the pension reform and spending cuts, the government has said it would close fiscal loopholes, like trimming the number of reduced sales tax rates, which Mr. Fillon has said will bring €5 billion of savings by 2012.
Similar(56)
It was its highest close since the end of August 2008.
Haemorrhaging clients, Koyo will close next month.
That was its highest close since September 2000.
That deal is expected to close late this year.
The sale is expected to close this week.
Neither comes close today.
I came close several years ago.
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