French nerves a-jangling: the 1997 budget is meant to lead France into Europe's currency union by 1999 - but it won't take much to blow the country off course

Article Abstract:

French Pres Jacques Chirac and Prime Minister Alain Juppe unveiled the 1997 budget on Sep 18, 1996. The budget will make spending cuts of $11.6 billion in various services in an effort to bring down France's deficit to 3% of GDP by Dec 1997, and meet the European Union's single currency requirements.

Europe, Monetary unions, Budget deficits, Juppe, Alain

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France's hot autumn

Article Abstract:

The French are returning from summer vacations in a generally pessimistic mood, as the country's economic difficulties continue. Unemployment is at 12.5%, a record high, and the government is having trouble reducing the deficit to a level required by Europe's economic and monetary union.

Political aspects

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The French way

Article Abstract:

France's failure to uphold the rule of law against striking truckers raises the suspicion that the country will attempt to use European integration primarily as a vehicle for expressing it own national interests.

Editorial, Cover Story, Labor relations, Truck drivers, Strikes

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