January 14, 2014

What Britain Can Learn from Sickly France

Benedict Brogan, Daily Telegraph

The Associated Press

France remains in a post-crisis hole from which it shows no sign of emerging. It has had to navigate a downgrading of its debt rating, and the embarrassment of remaining in recession while other EU countries power out of theirs. Unemployment, at 11 per cent, is stubbornly high, in particular among the young and immigrants, and the state grabs close to 60 per cent of national output. Mr Hollande’s tax plans have been shredded by a populist insurrection of “red caps”.

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TAGGED: France, Europe, UK, European Union, Francois Hollande


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