French President Francois Hollande expects an economic recovery that will allow the government to lower taxes, a newspaper reported him as saying on Sunday. "The reform effort is not over yet, but the economic recovery is arriving. This phase will lead to stronger growth, better competitiveness and a redistribution of purchasing power via lower taxes," Journal du Dimanche quoted Hollande as saying. Hollande, elected for a five-year term in May 2012, said "we have entered the second phase of my term". During the election campaign, Hollande pledged to focus in the early years of his mandate on restoring France's ... (full story)