Budget confusion in the heart of Europe; Why does the French financial crisis raise an alarm for the Western economy?
The national insurance and budgeting system in France has once again become a critical and tense turning point. While the budget deficit crisis has put the French government and parliament in a deep deadlock, this serious question is being raised in the economic circles of the world: is the second largest economy in the Eurozone able to manage its heavy welfare costs in the coming years?