Francis Mer, a magician for France; Charlemagne.(Charlemagne: Francis Mer, France's new finance minister)(Brief Article) The Economist (US) | August 10, 2002 | COPYRIGHT 2002 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Can the new man in charge make France's economy fly?

"I CAME to be of service," says France's new finance minister. The typical insincerity of the professional politician? Perhaps not. For one thing, Francis Mer waited until the age of 62 (he's now 63) before being persuaded last May, apparently by President Jacques Chirac himself, to join the new centre-right government. For another, he cannot be there for the money: last year, as co-chairman of the Arcelor steel group, he earned around $1m; his ministerial salary, even after the 70% pay rise just voted by ...

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