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| BNP Paribas becomes biggest Eurozone bank |
| The private French bank has seized the opportunity to acquire the Belgian, Luxembourg and international banking and insurance elements of Fortis, the collapsed Benelux bank. | |
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| France enters recession |
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Ministers and deputies on the government side are reluctant to use the word but France has officially entered an economic recession. |
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| First golden parachute win for French Government |
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President Sarkozy’s government has already celebrated its first victory in the battle against golden parachutes – in Belgium. |
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