| EU intensifies reform pressure on France | Brussels turned up the pressure on the French government to overhaul the country's sputtering economy more quickly, issuing a stinging report on Wednesday that argues President François Hollande's reform efforts thus far have been insufficient to restore the country's competitiveness.
The report, one of 13 issued on the EU's most troubled countries outside the four in full-scale bailouts, warned that France's shrinking share of global exports and diminishing growth prospects are likely to continue unless more is done to make the country's labour market more flexible.
http://link.ft.com/r/6NPSBB/4VKQ06/40S17Y/L9KND3/K9OZWQ/RF/h?a1=2013&a2=4&a3=10
| | |
