France Economic Forecast
France enjoyed a rich and fruitful economy for many years. Traditionally a mixed economy with strong state controls, there has been some opening up of the economy recently, particularly as a core member of the EU. Large French companies, organizations, banks, financial institutions and insurers were partially and fully privatized by the government.
During the 2008 global financial crisis, France created and implemented essential workforce reforms, including the extension of the 35-hour work week that allows employees the opportunity to put in overtime hours.