Fiasko programu reform gospodarczych francuskiej lewicy
Fiasco of Economic Reforms in France

Summary/Abstract: Several eurozone members still suffer from serious structural problems, the roots of which go back much further than the creation of the common currency or even the European Union itself. Although the challenges in France are much less significant than in Greece, Italy or Spain, halfway through the term of office of President François Hollande it is worth taking a moment to make an overall assessment of the process of economic reform in the country and the difficulties with it that lie ahead. This is important because in 2017 the country will hold parliamentary and presidential elections that will likely change the balance of power in Paris. The French political scene, both left and right, is in serious crisis, leaving fertile ground for the growth of the radical National Front party. That does not bode well for the possibility of reforms after 2017 and may contribute to the overall risk of undermining the future of the Economic and Monetary Union.

• Details
• Contents