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France Slips Into Recession, Adding Pressure on Hollande

The French economy fell back into recession, increasing pressure on President Francois Hollande to adopt policies to revive growth.

Gross domestic product shrank 0.2 percent in the three months through March, following a revised 0.2 percent contraction in the previous quarter, national statistics office Insee said today. Economists expected a 0.1 percent drop, the median of 25 forecasts gathered by Bloomberg News showed.