World Cup Win Gives French Something to Bask in, if Only for a Day
- Soccer match victory unites nation with feel-good sentiment
- Impact on the euro area’s second biggest economy negligible
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France’s World Cup victory gave the country a much-needed morale boost after a decade of moroseness brought on by terrorist attacks and a lackluster economy.
While the feel-good moment is bringing the nation together in a way only tragic events have in the past, don’t expect it to translate into something to take to the bank, economists warned.