> "riots" is much dramatized and overblown by the media
I don't think I can agree with you on that:
> On Oct. 21, French Economy Minister Roland Lescure said in an interview that the violence and unrest had caused “tens or perhaps hundreds of millions” of euros worth of damage.
Seems like overblown is not exactly the appropriate word here. Not too mention the the loss of reputation which could keep future tourists away from France, the loss of revenue from the shops that have had to close since they did not want to be looted or burned down and finally the loss of trust in the state's ability to maintain order.
> the major issue with opening a business (regardless of the country)
Well it is especially hard in France considering the record tax rates that France is imposing on its citizens. The cost to actually employ someone is high compared to many countries in the OECD.
Furthermore, the inability to reform the state to restore competitiveness won't improve in the near future whoever wins the presidency next year.
I don't think I can agree with you on that:
> On Oct. 21, French Economy Minister Roland Lescure said in an interview that the violence and unrest had caused “tens or perhaps hundreds of millions” of euros worth of damage.
Seems like overblown is not exactly the appropriate word here. Not too mention the the loss of reputation which could keep future tourists away from France, the loss of revenue from the shops that have had to close since they did not want to be looted or burned down and finally the loss of trust in the state's ability to maintain order.
> the major issue with opening a business (regardless of the country)
Well it is especially hard in France considering the record tax rates that France is imposing on its citizens. The cost to actually employ someone is high compared to many countries in the OECD.
Furthermore, the inability to reform the state to restore competitiveness won't improve in the near future whoever wins the presidency next year.