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French Economy Stagnates in Second Quarter

August 12, 2011

French economic growth ground to a halt in the second quarter of 2011, raising pressure on President Nicolas Sarkozy to cut spending and abolish tax breaks ahead of elections as he tries to convince nervous financial markets that he will deliver on debt reduction targets.

Source: http://www.cnbc.com/id/44101698?__source=RSS*tag*&par=RSS
 
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