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Hollande and German Chancellor Angela Merkel - a relationship marked by "friendly tensions" in Hollande's own words (Photo: Bundesregierung/Denzel)

EU criticises France on economic 'imbalances'

France and Slovenia moved a step closer to the eye of the eurozone storm after being censured by the European Commission for having "macro-economic balances."

The commission's reports, published on Wednesday (10 April), look at "macro-economic imbalances" in 13 domestic economies, and are in their second year as part of the EU's revised economic governance regime.

Of the countries to be named and shamed - Belgium, Finland, France, Italy, Malta and the Netherlands, as well as euro...

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Hollande and German Chancellor Angela Merkel - a relationship marked by "friendly tensions" in Hollande's own words (Photo: Bundesregierung/Denzel)

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