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12/11/14

France: Protests in Paris as France unveils economic reforms

 French lawyers, notaries and bailiffs have demonstrated in Paris against new reforms to reduce barriers to enter their highly regulated professions. Proposals to extend Sunday opening hours have also been rebuked.

Plans unveiled by French Prime Minister Manuel Valls to increase the number of businesses open on Sundays and opening up regulated sectors to competition were met with demonstrations in Paris on Wednesday.
The measures were just a number of reforms announced by Valls earlier in the day which aim to boost France's ailing economy and reduce the record high unemployment of 10.4 percent.

As part of the Macron bill, presented as "Law on Growth and Activity" plan, barriers to enter highly regulated professions from notaries to bailiffs will also be slackened. The bill aims to stimulate competition, leading to cheaper services in areas where these groups currently have virtual monopolies.

Read more: Protests in Paris as France unveils economic reforms | News | DW.DE | 10.12.2014

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