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http://www.forbes.com/feeds/ap/2007/09/21/ap4144493.html
PARIS - France is bankrupt because of chronic budget deficits, the country's prime minister said Friday, pledging to balance the budget before the end of his term.
"The truth is that I am the head of a state that is in a state of bankruptcy due to its financing plan," Prime Minister Francois Fillon said in the Corsican city of Calvi. Fillon answers to President Nicolas Sarkozy, but heads the French government.
PARIS - France is bankrupt because of chronic budget deficits, the country's prime minister said Friday, pledging to balance the budget before the end of his term.
"The truth is that I am the head of a state that is in a state of bankruptcy due to its financing plan," Prime Minister Francois Fillon said in the Corsican city of Calvi. Fillon answers to President Nicolas Sarkozy, but heads the French government.
