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  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.

France warned lack of reforms hindering economic growth

The Eurozone economy barely grew in the third quarter -- Q3, 2013, renewing concerns about stagnation, the threat of deflation and long-term high unemployment. France and Italy contracted (both at -0.1%) while growth in Europe's largest economy, Germany, was at 0.3%. In France, days after Standard & Poor's cut its rating on French public debt for the second time in the past two years and President François Hollande was booed by protestors at the Armistice Day ceremony commemorating the 99th anniversary of the end of the First World War, a report warns that France’s high minimum labour costs (about 80% above the average of the 34 mainly developed country members of the OECD), public services costing over 27% of GDP (gross domestic product), taxation of employment at 50% of wage costs and overlapping «millefeuille » of central and local government units including 36,700 municipalities, are among the factors holding back French competitiveness.
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