The Economist (November 17)
2012/ 11/ 18 by jd in Global News
While focus may currently rest on the PIIGS, “ahead looms a bigger problem that could dwarf any of these: France…. too many of France’s firms are uncompetitive and the country’s bloated government is living beyond its means.” Without decisive action, “France will lose the faith of investors—and of Germany. As several euro-zone countries have found, sentiment in the markets can shift quickly. The crisis could hit as early as next year.”
