Blackstone (BX) is busy in Europe, but France not so much. "It's very difficult to be excited on France these days," says European P-E head Lionel Assant. "The country is effectively denying the inevitable." At a meeting with other P-E honchos last week, he reports them being "incredibly optimistic" about Ireland, "starting to be optimistic about Spain, "absolutely negative about France." French stocks (EWQ) vs. the rest of Europe.
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