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President MACRON campaigned on reforming France’s labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. backgroundColor : "#ffffff", "id": "IT", Unfortunately, my Spanish is not good enough to reply to you in Spanish, so I have to reply in English. I hope this explains my intention of the blog post. }, Spain will not catch up anytime soon. Especially close to the border regions, it is obvious how much difference a few kilometers can make. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 97% in 2017. Contact Us. }, }, "id": "DE", "id": "TC", Spain is considered a Latino country we live more each day as it could be the last one than the French do. How different can they be? France is the most visited country in the world with 89 million foreign tourists in 2017. In 2017, the gross domestic product (GDP) of the European Union (EU) amounted to €15 300 billion (bn) at current prices. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries … However, Spain’s unemployment is about two and a half times higher than France’s (27% versus 10.8%). { You have to get very involved with the French lifestyle in order to be aware of this. { Finally, criticism has become the best hobby for French young or older people. These advantages will make it easier for France to recover from its recession and reduce its deficit and debt levels. They were followed by Italy (11.2%), Spain (7.6%) and the Netherlands (4.8%). The unemployment rate in France, though improving in recent quarters, … Since 1958, it has constructed a hybrid presidential-parliamentary governing system resistant to the instabilities experienced in earlier, more purely parliamentary administrations. "id": "BS", As a result, Spain needs to make larger and deeper reforms than France. { dataProvider : { "showAsSelected": true Spain is great for older people with a pension fund looking to retreat in a warm place and enjoy the beach. "showAsSelected": true { Spain’s budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to about 3.3% of GDP in 2017. France is a sovereign country in Europe, with a total land area of approximately 549,970 sq km. }, How big is France compared to Spain? { They are a great resource for learning languages! Daily online magazine on the global economy, politics and culture. "showAsSelected": true theme: "dark", This chronic level of unemployment — second only to Greece in the Eurozone — is directly a result of the country’s failed structural labor market design. Yes, French ladies use to cheat a lot and that is true and undeniable. }, Watch The Women on the 6th Floor. "showAsSelected": true By contrast, Spain is doing better in its external sector than France. In the early 21st century, five French overseas entities - French Guiana, Guadeloupe, Martinique, Mayotte, and Reunion - became French regions and were made part of France proper. { By logging in or registering, you agree to our. what life is like in countries and cities around the world. We will go more deeply and compare French and Spanish lifestyle. France's real GDP grew by 1.9% in 2017, up from 1.2% the year before. As stated in the beginning of the blog post, this was a guest blog post by one of my friends, who grew up in Spain, but has lived in France for many years. France today is one of the most modern countries in the world and is a leader among European nations. The French government’s budget deficit was equal to 3.6% of GDP in 2012. }, "showAsSelected": true var map = AmCharts.makeChart("mapdiv",{ P.s. According to the IMF and the European Commission, Spain will end up suffering a compound recession. France should become the most porwerfull in a couple of decades. In that year, the government successfully shored up its struggling banking sector - heavily exposed to the collapse of Spain’s real estate boom - with the help of an EU-funded restructuring and recapitalization program. "showAsSelected": true Concerning geographical and climate differences, Spain is considered a “warm” country (it depends also where you are located within the territory), while France is colder. Finally, it looks as if Spain — in exchange for short-term leniency on fiscal contraction, given its high fiscal multipliers — is the country more inclined to take this opportunity to make as many structural reforms as possible in order to achieve faster growth in the medium term. "showAsSelected": true In Spain, 17.2% of adults are unemployed as of 2017. }, "id": "AT", Spain’s budget deficit reached 7% of GDP in 2012 and is expected to fall below the Maastricht target in 2016 (-2.7%), three years later. { "showAsSelected": true The use of certain cookies is required for the site to function correctly. Increasing labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have improved Spain’s export competitiveness and generated foreign investor interest in the economy, restoring FDI flows. Thanks for the post — you probably speak both languages already but perhaps your readers would be interested in learning French or Spanish online – I wanted to recommend ( — Gracias! "id": "TR", Do you have any personal experience studying languages with Babbel? { Between 2009 and the end of 2013, Spain’s GDP has fallen by 6.6 percentage points. { }, Strong export growth helped bring Spain's current account into surplus in 2013 for the first time since 1986 and sustain Spain’s economic growth. When Spain joined the EEC in 1986 its GDP per capita was about 72% of the average of its members. For cheap flights to Spain or France (or anywhere in the world! 3. More from my site. Spain’s borrowing costs are dramatically lower since their peak in mid-2012, and increased economic activity has generated a modest level of inflation, at 2% in 2017. note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions, note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area, note: see entry for the European Union for money supply for the entire euro area; the European Central Bank (ECB) controls monetary policy for the 18 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders, machinery, chemicals, automobiles, metallurgy, aircraft, electronics; textiles, food processing; tourism, textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools, tourism, clay and refractory products, footwear, pharmaceuticals, medical equipment, wheat, cereals, sugar beets, potatoes, wine grapes; beef, dairy products; fish, grain, vegetables, olives, wine grapes, sugar beets, citrus; beef, pork, poultry, dairy products; fish, machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages, machinery, motor vehicles; foodstuffs, pharmaceuticals, medicines, other consumer goods, Germany 14.8%, Spain 7.7%, Italy 7.5%, US 7.2%, Belgium 7%, UK 6.7%, France 15.1%, Germany 11.3%, Italy 7.8%, Portugal 7.1%, UK 6.9%, US 4.4%, machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals, machinery and equipment, fuels, chemicals, semi-finished goods, foodstuffs, consumer goods, measuring and medical control instruments, Germany 18.5%, Belgium 10.2%, Netherlands 8.3%, Italy 7.9%, Spain 7.1%, UK 5.3%, US 5.2%, China 5.1%, Germany 14.2%, France 11.9%, China 6.9%, Italy 6.8%, Netherlands 5.1%, UK 4%, Household income or consumption by percentage share, Distribution of family income - Gini index, Stock of direct foreign investment - at home, Stock of direct foreign investment - abroad.

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