This is a MUST-READ article from Nobel winning economist, Paul Krugman, in the NYT. Check it out!
Krugman takes a hard look at the data on France and guess what France isn’t do so badly after all. This is good news for the new French government.
But sadly that’s note enough. Unless Germany reflates France will still struggle. So perhaps, the former French Finance Minister was right – the problem’s really with Germany, not France!