Certainly, the prospect is plausible, both because the economy is growing fast and because Mr Jospin, despite his rhetorical insistence (repeated this week) that his is a reforming government, has clearly decided not to incite the public-sector unions, the Socialists' bedrock, by pushing too hard for the changes so badly needed in health care, taxes and education.
ECONOMIST: Laurent Fabius, France��s man of delayed destiny