France News
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European banks continued to lend to borrowers in Italy, Spain and France, while they were replaced by the public sector in Greece, Portugal and Ireland, according to the Bank for International Settlements.
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A French-German split over Europe’s rescue strategy emerged as finance ministers prepare to meet in Brussels tomorrow under pressure to craft a solution to the region’s debt crisis.
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The euro erased its gain versus the dollar and yen as French and German leaders convened to narrow divisions before a European summit this weekend on the region’s sovereign debt crisis.
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French shoppers are cheating on George Clooney.