Another mess for president Hollande to try and clear up as France’s Labour Minister opens his mouth on the radio inappropriately and draws criticism from Finance Minister Moscovici.
It comes after recent data from the Bk of France showing a massive capital outflow was already underway after worries that the country was considering a 75% tax
Moscovici attempted to counter the comment by saying “France is a really solvent country. France is a really credible country, France is a country that is starting to recover.”
(UK Telegraph)