What Is Really The French Economic Problem?

Beware of the dark side

France has a lot going for it.

It has “an enviable standard of living”, according to the Organisation for Economic Co-operation and Development (OECD). “Inequality is not excessive and the country has come through the [financial] crisis without suffering too heavily,” it says.

And it’s not just the French who like the place. Its food, fashion, landscape and the delights of Paris have an international reputation that have helped make France the world’s most popular tourist destination.

But all is not well. Unemployment is high and the government’s finances are weak. “France’s fundamental economic problem,” the OECD says, “is a lack of growth.”

Read more on this in the source site, after the first four paragraph. Click.. here.

Source Credits: Andrew Walker in BBC

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