Financial Times FT.com

French economy ‘damaged by political turmoil’

By John Thornhill in Paris

Published: June 21 2006 22:03 | Last updated: June 21 2006 22:03

Laurence Parisot, president of Medef, France’s main employers’ association, warned on Wednesday that the “acceleration of crises” in the country over the past year and the current political turmoil was damaging the economy.

In a television interview, Mr Parisot said that rejection of the European constitutional treaty in last year’s referendum, the outbreak of widespread rioting in urban ghettos in October, and the mass protests against the government’s youth labour law this spring had unsettled French business.

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