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Wednesday 6 July 2016

France is bankrupt, not according to me but France's employment minister

'France is totally bankrupt': French jobs minister Michel Sapin embarrasses Francois Hollande with shocking statement on state of the country's economy. 

Unexpected news came during a France's employment minister Michel Sapin has admitted the country is "totally bankrupt".

The unexpected news came during a radio interview yesterday and is thought to have sent the country's business leaders into a state of shock.

"There is a state but it is a totally bankrupt state," Mr Sapin said. "That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective."'

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