French business leaders lash out at Hollande – Ambrose Evans-Pritchard – Telegraph

Official logo of the French Republic, used exc...

Official logo of the French Republic, used exclusively by its government and prefectures. (Photo credit: Wikipedia)

This is a RECOMMENDED READ by Ambrose Evans-Pritchard,International Business Editor of The Daily Telegraph. Check it out!

via Ambrose Evans-Pritchard – Finance and business comments – Telegraph.

Most of Europe has huge economic challenges but in France they are much larger; France continues to delude herself that the old ways can be perpetuated. Unfortunately, France is probably heading for a major financial crisis unless the French Government changes direction. The French Public Sector and high taxation are not sustainable.

Any thoughts?

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5 responses

  1. Pingback: IMF sees no end to French jobless crisis this decade – Telegraph « Dr Alf's Blog

  2. Pingback: The wheels are coming off the whole of southern Europe – Ambrose Evens-Pritchard -Telegraph « Dr Alf's Blog

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