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The Boston Globe


Private finances get new public scrutiny in France

PARIS — President Francois Hollande of France ordered members of his Cabinet to publicly disclose their finances within days and asked lawmakers to do the same, saying Wednesday the country needed to learn from its mistakes after the budget minister was revealed as a tax-dodger with secret offshore bank accounts.

In a country uncomfortable with flagrant wealth or open discussions about money, only the president has to publicly list his assets. The new rules require Cabinet members to disclose their assets and value.

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