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Thursday, January 17, 2013

The euro crisis no one is talking about: France is in free fall - The Term Sheet: Fortune's deals blogTerm Sheet

The euro crisis no one is talking about: France is in free fall - The Term Sheet: Fortune's deals blogTerm Sheet: "The euro zone's second-largest economy is suffering more than any other member from a shocking deterioration in competitiveness. And it's doing nothing to stop it.

France president Francois Hollande
FORTUNE -- Given investors' confidence in its sovereign debt, and its image as Germany's principal partner in the sturdy, sensible "northern" eurozone, you'd think that France endures as the co-guardian of the endangered single currency."

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