Peter Berezin warns France's fiscal position is worse than Italy's before the eurozone debt crisis

Peter Berezin says France's fiscal position is now worse than Italy's before the eurozone debt crisis, with government debt above 100% of GDP and rising concerns over pensions, growth prospects and fiscal discipline. He notes France still offers one of the world's lowest retirement ages and most generous pensions, warning weak growth may make supporting an aging population harder.

Detected & updated continuously · Source: Nebula