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Sunday, November 11, 2012

France heads for recession .

France's GDP will slide 0.1% in Q4, the country's central banks predicts. With the bank also estimating that Q3 GDP fell 0.1%, that would put France in recession. German Finance Minister Wolfgang Schaeuble is so worried about the decrepit state of the French economy that he's asked the government's council of economic advisers to consider writing a report on what France should do to turn it around, Reuters reports.

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