The French football team was proclaimed FIFA World Cup Champion two weeks ago in Moscow. Far for the epic victory- we all witnessed PM Emmanuelle Macron’s euphoria- Philippe Wächter, Chief Economist, Ostrum AM wonders in a note to investors whether a football win could propel France into the leading position in Europe in terms of growth too. And looking to the euro area at large – whether it could make up for Germany’s defeat in the early stages of the competition and Spain’s poor performance.