Economics

French Officials Irate Over Economist's "Time Bomb" Cover

The truth hurts, oui?

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French officials angrily rejected a charge by Britain's The Economist weekly on Friday that France was the "time-bomb at the heart of Europe" and a danger to the euro single currency, accusing the magazine of sensationalism.

The Economist's front cover showed seven loafs of "baguette" bread bound together by a French tricolour with a lit fuse protruding from the center. Its main article raised concerns that President Francois Hollande's economic reforms are not ambitious enough.