French construction industry slide highlights Hollande's woes

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Recovering to nearly 400,000 after the crisis, annual housing starts fell to 330,000 last year and are set to slump to 300,000 or below this year.

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François Hollande has promised to unveil measures this week to fire up France’s flatlining economy, including moves to reverse an alarming slide in the all-important construction business, reports The Financial Times.