Election rout could weaken Hollande's reform drive, tilt growth debate


France's President Francois Hollande addresses a news conference after an informal summit of European Union leaders in Brussels May 27, 2014. REUTERS/Francois Lenoir

PARIS (Reuters) - Sunday's European election rout will make it even harder for Francois Hollande to reform the French economy but his weakness at home could prove to be a bargaining chip in building support for an EU growth drive.

While Hollande reacted to defeat in March's town hall elections by bringing in a new prime minister and promising to speed up reform of France's complex local government, faced with the rise of the far-right he has this week merely reiterated his call for Europe to re-focus on economic growth and investment.

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