Austerity becomes a dirty word in Europe

Austerity becomes a dirty word in Europe

What’s next for France and Greece?
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Laurent Cipriani/Associated Press
French president-elect Francois Hollande, waving to Parisian crowds Sunday after his victory, is viewed as the continental leader of a backlash against austerity budgets across an economically fragile Europe. “Austerity can no longer be inevitable!” he shouted in his first speech.
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