FRANCE DECLARES ECONOMIC EMERGENCY

French President Francois Hollande has declared
a state of economic emergency to redefine
France’s economic and social model.
Under the ambit emergency, government has
proposed series of economic measures to boost
long-stagnant economic growth and reduce
chronic unemployment.
Proposed economic measures are
Training half a million jobless workers, greater
use of apprenticeships and aiding companies
for hiring young workers.
Updating country’s labour-friendly business
model in an increasingly online and border-free
economy.
Loosening rigid working time rules including
35-hour workweek and a bonus of 2,000 euros
to small businesses that hire young people.
Integrate youth from France’s troubled
suburbs especially minorities who face job
discrimination into the global economy.
These measures will be included in draft
economic reform laws which French government
is going to present in parliament.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s