One of the reasons for this decision is that the share price is crawling along and that in new privately managed logic the way to lift shares is to cut jobs.
More Quotes from Laurent Fabius:
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.Laurent Fabius
But with this last enlargement Europe has changed its nature. The new countries are diverse. The old methods will no longer work.
Laurent Fabius
If we wish to develop scientific research, a transport policy, public services, it is necessary to have the financial means to do so.
Laurent Fabius
At the same time the Constitution sets in stone the Stability Pact and risks preventing member States from implementing a policy of growth. So we are not able to do things at the European or the national level.
Laurent Fabius
This is very good news for the Socialists. I think it is important that the Socialist Party closed ranks on a leftist ticket.
Laurent Fabius
For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.
Laurent Fabius
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