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Thesis & Antithesis

A critical perspective on energy, international politics & current affairs

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Location: Washington, D.C.

greekdefaultwatch@gmail.com Natural gas consultant by day, blogger on the Greek economy by night. Trained as an economist and political scientist. I believe in common sense and in data, and my aim is to offer insight written in language that is clear and convincing.

28 September 2005

Asterix village?

“I get the feeling sometimes that our friends across the English Channel and across the Atlantic think that France is somewhat like an Asterix village. That is not the case.” (1). So quipped Gerard Larcher, France’s employment minister, who held meetings with Hewlett Packard, following the company’s decision to slash 1,240 jobs, a quarter of its French staff. But in its effort to preserve these jobs (HP promised to “limit job cuts”), Mr. Larcher will likely scare other companies that will attach a higher cost to doing business in France. That’s the price to pay for a little over a thousand jobs.

References:
(1) Martin Arnold, “France says support for intervention does not make it an ‘Asterix village’,” Financial Times, 28 September 2005

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