Country Report France
Competitiveness and social partnership – President Hollande's broad reform agenda.
France’s economic situation is gradually improving. So far, however, the pace of recovery has been slow. We expect growth of about one percent in 2015 and further strengthening in 2016.
Since early 2014 the government has provided a clearer direction on reforms. It has increasingly geared many areas of economic policymaking towards growth and competitiveness. For over a decade, French companies in a number of industries have lost their competitiveness. The programme of reforms is wide-ranging; it will likely take time before positive results are seen.