Government promises to improve competitivity
THE French government has said it will look to improve levels of competitivity across business to ensure the country can remain viable in the world economy.
Government ministers discussed a report, commissioned by the Socialists, produced by Louis Gallois, the former head of aerospace group EADS, which is set to be officially launched on November 5.
However, various newspaper leaks have revealed that at the heart of the report is a recommendation that social charges on firms be cut, and that the gap is made up via sales and income taxes, as well as public spending cuts.
Measures that unions and many members of the Socialist party are unlikely to support.