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France's Debt Crisis Could Trigger a Much Bigger European Meltdown

France’s present economic woes signal serious trouble ahead for the coherence of the European Union. On Wednesday evening, the French National Assembly unanimously rejected the government’s proposed…

  • French National Assembly rejects government budget, heightening EU concerns
  • France's debt exceeds 115% of GDP, credit outlook downgraded to negative
  • President Marine Le Pen favored for upcoming French presidential election

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