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April 27, 2012

Hollande's France a Danger to Germany

Wolfgang Kaden, Der Spiegel

AP Photo

François Hollande is predicted to win France's presidential election, but his victory could endanger the euro zone's carefully negotiated fiscal pact. He also wants to water down the European Central Bank's statutes, forcing it to lend more to promote economic growth. But his plans would do little more than borrow time -- and they could be very dangerous for Germany.

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TAGGED: France, Germany, Eurozone

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