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4/27/2017

Topic Reading-Vol.1842-4/27/2017

Dear MEL Topic Readers,
France is the weakest of Europe's big 3 economies
Marine Le Pen was supported by over 20% of the voters in the latest presidential election, and she is advancing to a run-off for the French presidency on 7 May. The radical politician commits to revive the republic without EU, euro and NATO. It sounds like an idea to become a fully independent state in the continental Europe like Switzerland. Why such significant portion of people in France want an extreme politician to lead the country?
Though France is one of the major economies in Europe, its rate of economic growth has been lagging behind the fellow EU giants, Germany and the UK. Also, one out of four young people is unemployed. To make the situation even worse, the country’s deficit is mounting because of its relatively high social spending.
Time to choose a drastic change like the UK or the US, or continuity and consistency.
Enjoy reading and thinking if there are effective cures that could remedy France’s economic problems.

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