Ukraine peace bid `one of last chances` to avoid war: Hollande

French President Francois Hollande on Saturday said a current Franco-German bid to end the Ukraine conflict was "one of the last chances" of avoiding "war" in the ex-Soviet nation.

"I think it`s one of the last chances ... If we fail to find a lasting peace agreement, we know the scenario perfectly well: it has a name, it is called war," the French leader said while on a visit to southern France.

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