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French Pessimism Holds Back Rise in Euro Zone Morale

Most Europeans felt more optimistic about a recovery in the euro zone in November, but pessimism in France underlined the sluggish performance of the bloc's second-largest economy. Economic sentiment in the 17 countries using the euro strengthened by 0.8 points to 98.5 in the seventh straight month of gains, according to a European Commission survey on Thursday, beating economists' expectations. The business climate reading turned positive for the first time since...

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