Sarkozy to tackle French labour costs

President Nicolas Sarkozy announced a review of the funding of France’s social welfare system on the 5 November 2011, saying the heavy labour costs it imposed hurt the economy and the country’s ability to compete internationally.

ESO: Background information: Sarkozy to launch second austerity budget http://www.europeansources.info/record/sarkozy-to-launch-second-austerity-budget/

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