Figures show that France and the eurozone are technically out of recession. But analysis reveals that growth in France is very fragile and the government is required to carry out reforms if the economy is to recover fully. Delaying or abandoning a reform programme could lead to further deterioration in both French finances and the economy.

<i>France is out of the recession with a growth of 0.5 per cent for the second quarter of 2013. But this is no reason to rejoice given what this ‘growth’ actually shows. And these figures are certainly no excuse to abandon the pressing need for introducing major economic reforming policies.</i>

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Dr. Emmanuel Martin
It would be a mistake to use the signs of this fragile recovery in growth as an excuse to postpone structural reform. France cannot delay change any longer
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