Putting France back on track

Resolving the euro crisis and tackling national competitiveness and the fiscal deficit are vital for its future, writes Pierre Moscovici.

A man begs on the streets of Marseille. The government is seeking to reform the labour market and the public service, but maintains that it will retain its cherished highly redistributive social model. Picture: Boris Horvat

Pedestrians walk outside a Printemps department store in Paris. France’s public debt reached €1,700bn last year. Picture: Balint Porneczi/Bloomberg