France faces broader economic risk

Labor costs in France are high and productivity has flattened, while Spain’s costs are decreasing and its productivity has risen. If France does not make its labor sector more competitive, it could fall behind Spain and other troubled nations that have put labor reforms in place. Read related article.

France faces broader economic risk.
Source: International Monetary Fund. The Washington Post. Published on January 15, 2013, 7:47 p.m.
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