Market reforms top the agenda of France’s new conservative President, Nicolas Sarkozy. Will it be good for the French economy -- and for U.S. business? Julianne Smith, Europe program director and senior fellow at the Center for Strategic and International Studies, and John Levy, Europe and Eurasia analyst at the Eurasia Group, shared insights on “Power Lunch.”
“He has a pretty ambitious agenda to chip away at unemployment, and put into place a whole host of economic reforms,” Smith said. And a strong France is a good thing for the U.S., she explained: “We want a France that’s competitive, that doesn’t have high levels of unemployment, can stand on its own two feet,” she said.