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9/13/07

China Daily: France needs fundamental reforms like Germany says PM

For the complete report from the China Daily click on this link

France needs fundamental reforms like Germany says PM

Prime Minister Francois Fillon said on Thursday France should undertake long-term structural reforms like Germany if it wanted to enjoy the same benefits of economic growth and falling unemployment as its neighbour. Fillon said Berlin was now seeing the fruits of "brave reforms" initiated in 2000 -- particularly in the labour market -- and was experiencing good economic growth, decreasing joblessness and reduced deficits.

"These results create a real challenge for France. Why can't we do as well?" Fillon wrote in an article published on the website of Le Figaro daily.

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