You already know Greece, Italy, Ireland and several other countries are struggling badly. Now, apparently feeling the financial pinch so common to re-distributive socialist states, France can be added to the list.
The Global Competitiveness Report indicates France’s competitiveness has fallen from 18% in 2000 to just 12.5% currently. The payroll taxes that French companies are required to pay are among the highest in the world and combined with excessive social security burdens, has led to an alarming amount of business bankruptcies and ever increasing unemployment.
But the politicians, loathe to criticize re-distributive policies, are instead pointing the finger of blame at the people. According to government officials, the problem is immigration.
Pravda reports –
It seems that migration policies of a leading country in Europe, France, are seriously changing. The country is no longer able to hold back the crowd of migrants, many of whom do not want to integrate into the social and economic life of their new home country. The upcoming radical changes for migrants were announced by French Interior Minister Manuel Valls.
After a meeting on the National Immigration and Integration, French Interior Minister Manuel Valls announced significant changes in the country’s migration policy. The government will reduce financial assistance to immigrants, and this reduction will be substantial. Starting March 1 of next year, French immigrant benefits will be reduced by 83 percent. The amount of compensation to immigrants who voluntarily want to return home will be also reduced. If earlier the government paid 300 euros for every adult and 100 euros for every minor, in March of 2013 these amounts will be reduced to 50 and 30 euros, respectively.
One of the main provisions of the new immigration rules in France is the reduction of unemployment benefits. New rules will directly affect many of the immigrants who do not want to be of real assistance to the country and whose main goal is the existence at the expense of French taxpayers. Now immigrants who are EU citizens receive an allowance of 2,000 euros per adult and 1,000 euros per child.
Under the new policy, according to Valls, the payments will be reduced to 500 and 200 euros, respectively. Manuel Valls said that the previous immigration policy did not lead to the desired effect, and the existing outreach programs for immigrants do not work as they were expected to, therefore, the rules must be changed. If this is not done, the costs for the maintenance of migrants now paid by the French Treasury will continue to devastate the economy of France that is already suffering from the crisis caused by international factors. – Full Story, Pravda.ru