January 9, 2014

Can Hapless Hollande Save France?

The Economist, The Economist

The Associated Press

EUROPE’S weakness has been most evident around its periphery—in Greece, Portugal, Spain and Italy. Yet by some measures, France is in worse shape. Among EU countries in the past 25 years, only Italy has seen slower growth. France’s budget deficit is bigger than Italy’s and its current-account deficit is the largest in the euro zone. But it is the contrast with Germany that is most painful.

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TAGGED: France, Francois Hollande

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