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Paris woos Islamic investment to tackle credit crunch

Posted on 09 October 2009

From France24.com: French Finance Minister Christine Lagarde is leading a governmental drive to attract investment from Muslim countries, in a bid to turn Paris into the European capital of Islamic finance and help France battle the credit crisis.
The French government announced on Wednesday that within the next two weeks it will be pushing through new tax legislation to make it easier for French firms to attract Islamic financing as the country battles the global credit crunch………………..Full Article: Source

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