The French government received Monday a 22-point report on why the economy was unable to compete globally with a key recommendation for a 30-billion-euro ($38 billion) “shock” reduction in labour costs. The document, which highlights an urgent dilemma over how to boost competitiveness, was presented by its author Louis Gallois,…
France is in a state of alarm about its slumping ability to pay its way in the world, and a report on industrial competitiveness due on Monday is expected to add fuel to a hot debate about the causes, solutions and effects. The so-called Gallois report, named after its author…