France will fall behind its European neighbours unless it introduces reforms lowering its labour costs and boosting its competitiveness, the International Monetary Fund has warned.
"Restoring external competitiveness remains a critical priority and should be complemented by developing domestic sources of growth," the IMF said in its annual report on France published on 3 June.
The French economy is expected to shrink by 0.2 percent this year, slightly more than the IMF forecast la...
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