Saffron Garlic New Potatoes

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4 tablespoons butter

2 tablespoons thinly sliced garlic cloves

1 shallot, peeled and thinly sliced

1/4 teaspoon ground saffron

2 pounds very small new potatoes, scrubbed

1 cup low sodium chicken stock

1 1/2 cups water

2 teaspoons salt

1/4 teaspoon smoked paprika

1 tablespoon chopped parsley leaves, for garnish

1 baguette, sliced