Wednesday, October 19, 2011

French Finance Minister Baroin warns growth may fall!

The French Finance Minister, Fran├žois Baroin, warned on TV France 2 this morning, report here, that growth in the country may not achieve the expected 1.5% for next year.

Many viewers, such as this observer will be frankly startled if growth this year even approaches its targets. Nevertheless digging for the pointless new TGV upgrade that will knock mere minutes off the journey time between Bordeaux and Paris, continues apace here in SW France. Growth created by such projects, costing hundreds of millions seems absolutely pointless, unless of course you are an EU fonctionaire, with expenses paid by taxpayers to make such pointless trips!

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