France's left-wing leadership starts with a 30% pay cut
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France's new left-wing government started work on Thursday with pledges to combat excessive austerity but better manage public finances, marking the debut with a 30% cut in pay for President Francois Hollande and all ministers.
The sizeable wage reduction was endorsed at a first meeting of the 34-minister team, a day after Germany's government awarded rises to its ministers and Chancellor Angela Merkel, whose pay will overtake Hollande's. (Reuters)
