François Hollande may be attempting a centrist triangulation, but the Nouveau Centre is not buying. Hervé Morin thinks that what France needs is a "competitiveness shock," which is another way of putting across-the-board wage cuts: "39 hours paid 35," as he puts it. This comes on the heels of the news that François Hollande met with Peter Hartz, the architect of the Hartz reforms in Germany, which some credit for Germany's strong economic performance today. The Elysée denies that Hartz is an "advisor" to Hollande but acknowledges that the president did meet with him "at Hartz's request."
The Hartz reforms included among other things a requirement that wage increases be matched to productivity increases and a reduction of unemployment benefits.