BlackRock’s Fink Says France ‘Structurally Uncompetitive’
“France’s competitiveness has continued to be worse versus Germany,” Fink, chairman and chief executive officer of the world’s largest asset manager, said today at the Economist’s Buttonwood Gathering in New York. He called France “structurally uncompetitive.”
Fink said it’s better to have Greece as part of the euro area because a separation would be costly.
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