top of page

France Loses Export Ground to European Rivals

Europe's exports offer signs of hope for countries rebuilding their economies amid the debt crisis rubble but also contain a warning for other countries, especially France, that have put off critical reforms.

Moody's recent credit downgrade of France cited an economy hobbled by rigid labor, goods and service markets, which hurt the fiscal outlook as well.

While countries in the eurozone's periphery have liberalized significantly, France has held off and its trajectory is a big question mark, said Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics.

Comments


NEWSLETTERS

Get Reason In Your Inbox.

Thanks for submitting!

Join the

LIBERTARIAN PARTY

We are funded entirely by Americans who want to help give liberty a voice. By joining the Libertarian Party as a dues-paying member, you are investing in this critical work.

Thanks for submitting!

ADDRESS

1444 Duke St.

Alexandria, VA 22314-3403

PHONE

(800) ELECT-US

(800) 353-2887

EMAIL

bottom of page