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Christian Science Monitor - 2008-08-06

America, take notice: a 'change' president – in France

Sarkozy is delivering on his promise to break with the past.

"Just over a year ago, France handily elected a new president on the promise of "rupture" from the past. After a rocky beginning, the fiery and energetic Nicolas Sarkozy is delivering. His track record is worth a look, especially by those Americans eager for a fresh start in their political leadership.

Sarkozy, with the help of his majority in parliament, has made changes that open the French university system in admissions and private funding; increase the retirement age by a year; reduce the bloated public-sector workforce; cut red tape for businesses; and, most important, add flexibility to the labor force by loosening the sacrosanct 35-hour workweek."

Les Echos - 2008-08-05

A reformed tax system for impatriates

Sorry, this content is not available in English...

Bloomberg - 2008-07-24

French Lawmakers Pass Bill to Increase Work Hours

French lawmakers passed a bill to increase work hours, eroding the 35-hour weekly limit and handing President Nicolas Sarkozy his sixth legislative victory this week before the summer recess.

 

 

French lawmakers passed a bill to increase work hours, eroding the 35-hour weekly limit and handing President Nicolas Sarkozy his sixth legislative victory this week before the summer recess.

The law allows companies freedom to negotiate the workweek, triples the annual ceiling of overtime, and lets white-collar workers swap days off for more pay. Sarkozy was elected in May 2007 after campaigning on the slogan ``work more to earn more,'' saying the decade-old 35-hour workweek reduced French competitiveness and set back economic growth.

 

Senators also adopted other major changes that change rules on strikes, tighten criteria for unemployment payments and free up the economy with plans aimed at bringing down the cost of living by increasing competition.

 

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAF2wNrRn0GI 

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