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Tang Chih-chung, a fund manager at Prudential Financial Securities Investment Trust Enterprise Co., said that if Hollande does win, it will only confirm market expectations and could help boost market performance.

Meanwhile, Yang Chia-yen, a director at the Taiwan Institute of Economic Research, said the European debt crisis is unlikely to be resolved in the near future, no matter whether Sarkozy or Hollande wins.

If Hollande wins, he will likely impose expansionary financial policies to boost the economy and improve the job market, which will be in contrast to Germany's pro-austerity stance for solving the crisis, he said.

If the eurozone decides to impose expansionary rather than austerity policies, the European Central Bank will implement quantitative easing, which will drive up inflation elsewhere in the world, he said.

An expansionary financial policy could help Taiwan's exports to the eurozone but would also put inflationary pressure on the country, he noted.

Taiwan Research Institute President Wu Tsai-yi said that if Hollande wins, the key to resolving the European debt crisis will lie in whether France and Germany can reach an agreement on how to deal with the issue.

 
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