A French Lesson in Blackmail

France seems stuck in a bygone age where pilots can blackmail the national carrier, while Italy at least acknowledges the need for change. Investors should take note.
No entry, please.

One European country has a prime ministerwho says his country's labor laws are outdated, bureaucracy is throttling the jobs market, and parliament needs to quit dragging its feet and embrace his reform agenda. A second European country has just seen its flagship national airlinecapitulate on its business plans after a strike by its pilots. Which would you invest in?

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