Spain and Italy have already made their labor markets more flexible and cut through excessive regulation to kick start their economies and recover from Europe's financial crisis.The fear is that as they start to reap the benefits of their reforms, Spain and Italy could attract business away from France. And France can't afford to lose any business: The unemployment rate is already 10.6 percent and the country is on the brink of falling back into recession, having contracted 0.3 percent in the final quarter of 2012.
France Mulls Law To Let Strikers Ransack Offices
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.