French farmers block roads as data adds to Hollande woes

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By Pauline Mevel SAINT-ARNOULT-EN-YVELINES, France (Reuters) - Farmers blocked roads around Paris with tractors on Thursday in a protest against rising taxes, adding to President Francois Hollande's troubles as surprising new data showed France risks slipping into a new recession. Revealing a surprise weakening in French business activity this month, a poll of purchasing managers piled pressure on Hollande, a Socialist elected 18 months ago on a promise to revive growth and get the jobless back to work. Healthy demand for government debt at auctions on Thursday - despite a new downgrade in France's credit rating - showed investors remain largely unfazed by Hollande's unpopularity. Similar blockades snarled rush-hour traffic on at least five major routes into Paris from the west and north, police said.

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