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A man watches television screens at a store in Cambrai, northern France, as French President Francois Hollande makes a declaration from the Elysee Palace in Paris, April 3, 2013.
A man watches television screens at a store in Cambrai, northern France, as French President Francois Hollande makes a declaration from the Elysee Palace in Paris, April 3, 2013.
(Pascal Rossignol/Reuters)

SCOTT BARLOW

Italy, Spain… France? The next domino begins to topple

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Awful, calamitous, horrifying – these are the types of adjectives best applied to recent economic releases from France. The potential negative effects on Canadian investors are more subtle than the case of an emerging markets slowdown, but should become more apparent as the market digests the deteriorating economic conditions in the euro zone.