Last week the French government’s Commissaire général à l’investissement, Louis Gallois, released his eagerly anticipated diagnosis on France’s competitiveness to the Prime Minister, Jean-Marc Ayrault. Encompassing six major themes and 22 specific proposals, the Pacte pour la Compétitivité de L’industrie Française is both sweeping in its analysis and prescriptive in recommending solutions. Gallois begins by […]
Wow, it has been quite a week ! President François Hollande’s Socialist government unveiled its draft 2013 budget comprising some potentially devastating tax dis-incentives for entrepreneurs and VCs. A revolt ensued, with the birth of the Pigeon Movement, an explosion of emotion on social media sites, worldwide media attention, and the culmination of a dialogue […]