French Companies Face Continuous Decline without Reform: NatixisVW Staff
Natixis SA (EPA:KN) (OTCMKTS:NTXFY) believe the most worrying development in the French economy is the long-run decline in corporate profitability. An extrapolation of the trend leads fairly rapidly to an unsustainable low profitability despite the economic policies being implemented.
Decline in developments in the French economy
The various worrying developments in the French economy since the end of the 1990s are well known:
- Deterioration of . . .
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