French construction industry slide highlights Hollande's woes


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.