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European Hopes Ride on Greek Reform Proposals

Hopes — and stocks — are rising across Europe, now that a package of reforms proposed by Greek Prime Minister Alexis Tsipras will pass muster with Greece’s international creditors. French President Francois Hollande offered an early and strong endorsement of the reforms offered by the Greek government late Thursday, reportedly with some help from France. Hollande described the Greek proposals as serious and credible, saying they demonstrated the country’s determination to...

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