Home - About -Advertise - Contact Us - Forums - Site Maps - Survival PDF Files - Donate

French president declares economic emergency

Posted 01/18/2016 11:51 am by

Share

ParisHollande

French President Francois Hollande pledged Monday to redefine France’s business model and declared what he called “a state of economic and social emergency,” unveiling a 2-billion-euro ($2.2 billion) plan to revive hiring and catch up with a fast-moving world economy.

 

The measures he proposed, however, are relatively modest, and he said they would not “put into question” the 35-hour workweek. With his country under a state of emergency since extremist attacks in November, Hollande did not seek to assume any new emergency powers over the economy.

 

In an annual speech to business leaders, Hollande laid out plans for training half a million jobless workers, greater use of apprenticeships, and aid for companies that hire young workers.

 



Hollande’s Socialist government has struggled to boost long-stagnant French growth or reduce chronic unemployment, which has been around 10 percent for years. His chances of winning a potential second term may hinge on whether jobs pick up before next year’s presidential vote.

 

Hollande stressed the urgency of updating France’s labor-friendly business model in an increasingly border-free, online economy. The measures included a loosening of France’s rigid working time rules, and a bonus of 2,000 euros to small businesses that hire young people.

 

Read more

 
Do you enjoy reading Patriot Rising? Even $1 a month or $5 a month recurring donation keeps Patriot Rising going strong. If you can afford that amount recurring, please give it consideration!
 
 
Check out The Survival / Homesteading / Preparedness / Sustainability PDF Page! (Nearly 3000 free .PDF Files)
Share
Home - About -Advertise - Contact Us - Newsletter - Site Maps - Survival PDF Files - Donate
Skip to toolbar