UPDATE: 21/07/2012 - FRANCE - FRENCH ECONOMY - FRENCH POLITICS
French lawmakers approve tax hike on rich
After four days of sometimes fierce debate, French lawmakers have approved a revised 2012 budget that includes hiking taxes on the wealthy and ending former president Nicolas Sarkozy's policy of exempting overtime hours from payroll charges.
FRANCE 24 (video)
News Wires (text)
link-
http://www.france24.com/en/20120720-france-lawmakers-approve-new-2012-budget-tax-hikes-wealthy-spending-cuts-hollande-socialist