On a long-term view, that is surely right: structural reforms are essential to improve economies' performance.

ECONOMIST: Euro-area economies

The view in Berlin is that France has been slow to embrace structural reforms like making it easier to hire and fire workers that would, in the long term, boost growth.

BBC: France takes aim at Britain

Apart from the new, modern atrium with a view of the countryside, a fresh coat of paint and some structural repairs, little appears to have changed.

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