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5/7/12

France's Hollande to buck Europe's austerity trend

Political upheavals in Europe, including a new anti-austerity president in France and a Greek election that created a fractured parliament, are rattling economic markets and adding uncertainty to plans for eurozone spending cuts.

Socialist François Hollande, who swept to victory in France on Sunday, is insisting austerity measures announced by defeated incumbent Nicolas Sarkozy are not the only way to fix Europe's financial woes. 

Read more: World - CBC News

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