French business erupts in fury against "disastrous" François Hollande - Telegraph
The situation is very serious. Some business leaders are in a state of quasi-panic, said Laurence Parisot, head of employers group MEDEF.
The pace of bankruptcies has accelerated over the summer. We are seeing a general loss of confidence by investors. Large foreign investors are shunning France altogether. Its becoming really dramatic.
MEDEF, Frances equivalent of the CBI, said the threat has risen from a storm warning to a hurricane warning, adding that the Socialist government of François Hollande has yet to understand the extreme gravity of the crisis.
The situation is very serious. Some business leaders are in a state of quasi-panic, said Laurence Parisot, head of employers group MEDEF.
The pace of bankruptcies has accelerated over the summer. We are seeing a general loss of confidence by investors. Large foreign investors are shunning France altogether. Its becoming really dramatic.
MEDEF, Frances equivalent of the CBI, said the threat has risen from a storm warning to a hurricane warning, adding that the Socialist government of François Hollande has yet to understand the extreme gravity of the crisis.