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Investment fell, delaying modernization and further compromising French competitiveness.
The cut is intended to reduce the cost of labor and increase French competitiveness.
They argue that Mr Sarkozy has already put in place the bulk of what is needed to improve French competitiveness.
Thierry Mariani, the French transport minister, said both Airbus and Air France had expressed their concerns that the dispute should not be allowed to harm French competitiveness.
But he insisted that the burden would fall mainly on corporations, already anxious about worsening French competitiveness, and on the relatively well-off.
On November 5th Louis Gallois, a businessman, unveiled a government-commissioned report on French competitiveness, in which he wrote of an "emergency situation".
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Moreover, de Gaulle viewed European cooperative programs in atomic and space research as ways to tap foreign contributions for the improvement of French national competitiveness, not as ways for France to contribute to European unity.
The striped rice borer invasion reduced French rice competitiveness and consequently accelerated the decline in rice cultivation to 4,400 ha by 1981.
For a man who would want to be president of France again, and who has told the French that their competitiveness is smothered by a cheap U.S. dollar, that is perfect domestic politics.
She already had an idea for a new business, and the recent creation of the Aerospace Valley in Aquitaine and Midi-Pyrenees--one of the new French "poles of competitiveness" that aim to bring research and industry closer--had provided new incentives for entrepreneurship in the region.
Citigroup, Bank of America and Nomura are also reportedly offering bonuses guaranteed for more than one year".If the new guidelines on pay remain specific to France, that could be an issue for the competitiveness of French banks," says Philippe Tibi of AMAFI, a trade group for the French securities industry.
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french investment
french ability
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french rivalry
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