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France hopes to glean a further 5 billion euros ($7.86 billion) of savings from its reform of the state by 2011 to go with already announced cuts, Budget Minister Eric Woerth was quoted as saying on Saturday.
"The modernisation council will meet again before the summer to complete definitively this (reform) project," Woerth told Journal du Dimanche newspaper, according to an advance copy of the interview. The government announced on Friday 166 measures aimed at rationalising the state that it predicted would raise a net billion euros in savings by 2011.

Copyright Reuters, 2008

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