Editor's Note

The quiet revolution

There are some 450 French companies in India and if the pace of their operations picks up here, so much the better

The word ‘entrepreneur’ is derived from the Old French term entreprendre, which means ‘to undertake’. Over time, the word evolved and currently refers to someone who organises and undertakes a business activity and bears its associated financial risks. So it’s ironic that this is not a good time to do business in France. While every country is prey to the sovereign debt crisis in the Eurozone and slowdown across the world, France has some extra problems: the country hasn’t balanced its books for nearly 40 years; its public debt is at 90% of GDP; unemployment is at a 14-year high; and its trade deficit of €70 billion is


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