France's 2011 trade deficit widens to a record €69.6B from 2010's €51.5B, underscoring...

|By:, SA News Editor

France's 2011 trade deficit widens to a record €69.6B from 2010's €51.5B, underscoring a drop in competitiveness that's been going on for a decade. EMU was thought by Paris necessary to contain Germany, but realization is growing among the French that France has come out on the short end of the deal.