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Stars align to boost modest French recovery hopes
The euro has fallen, oil prices have tumbled, and borrowing rates are at record lows: French President Francois Hollande has had much of his economic wishlist granted, and it may just help him kickstart a long-awaited recovery in 2015. Granted, the short-term lethargy and structural problems in the euro zone's second-largest economy mean that it will remain a major worry for others in the single currency bloc. But the global context together with new reforms due to kick in next year are leading some to bet that France can achieve its 1 percent growth target for next year - modest by many standards but more than twice ... (full story)