Goldman Sachs – European Economics Analyst: France—Economic Challenges

France's economy is lagging behind the rest of Europe, with growth slowing and public debt rising.

The main economic challenge for France is stabilizing public debt, which requires reducing government spending. Structural reforms are needed to stimulate growth, including increasing employment among the youth and elderly, as well as easing economic migration. Important issues of income distribution and tax policy, including the need for pension system reform, are also highlighted.