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French CEO: Economy is in 'catastrophic' shape

21.07.14 @ 09:28

  1. By EUOBSERVER

French industrialist Pierre Gattaz has told Le Figaro that the economic situation in his country is "catastrophic" due to lack of investment and high unemployment. He urged the government to drop its 75% wealth tax and to stop its "zig-zag" policies in favour of new "turbo-measures" needed to restore growth.