Wednesday, October 24, 2012

France Needs to Implement Changes

Nouriel Roubini : “So far, [as] France has been part of the core eurozone, the spreads have been low. But they’ve not been low because the fundamentals are good. “The economy’s been in a recession, the government doesn’t have a programme for really reducing the budget deficit over time, structural reforms need to be done to restore competiveness lost as much as the periphery [of Europe].”
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