Workers protested those restrictions on Tuesday, saying they'd like to work Sundays because they get paid double. Meanwhile, companies say they're losing out to online merchants by not opening seven days a week. Economists say such restrictions cost France tremendous amounts of revenue, especially from tourists.There's more. French labor contracts are still too complicated and too stringent, many economists say. Access to many jobs, like driving a taxi, is still restricted by special licenses and Byzantine rules. The paperwork necessary to start a business is onerous.
French Senate To Vote On Significant Labor Reform
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.