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World Cup Win Gives French Something to Bask in, if Only for a Day

  • Soccer match victory unites nation with feel-good sentiment
  • Impact on the euro area’s second biggest economy negligible
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France Wins The World Cup
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France’s World Cup victory gave the country a much-needed morale boost after a decade of moroseness brought on by terrorist attacks and a lackluster economy.

While the feel-good moment is bringing the nation together in a way only tragic events have in the past, don’t expect it to translate into something to take to the bank, economists warned.