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France's two-round presidential polls will be held late this month and in early May/XINHUA

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Sarkozy promises not to raise taxes

France's two-round presidential polls will be held late this month and in early May/XINHUA

PARIS, Apr 12 – Incumbent French President Nicolas Sarkozy on Wednesday promised not to raise taxes if he wins a second term in the upcoming elections.

He also warned of a “massive crisis of confidence” if France misses its deficit target.

The conservative UMP candidate promised to accelerate growth by 0.7 percent this year, and by 2 percent up to 2017.

France’s two-round presidential elections will be held late this month and in early May.

Recent polls have suggested Sarkozy’s rival, the socialist candidate Francois Hollande is expected to win the vote.

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