IMF's Leipold says France can do better

Despite a positive assessment of France's economic performance and policies, the country "needs to do better" the IMF said.

France's fiscal deficit fell in 2004 and reforms in labour and product markets have increased the growth potential of the economy, which will be around 2.2% for the next few years, the Fund says in its Article IV assessment. Indeed there is the possibility that sustained "good reforms" and growth in Europe may bump this up towards 3%, the Fund suggested.

Much work remains

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