Analysis: Strained finances trip up French firms’ recovery role

By way of Leigh Thomas PARIS (Reuters) – Squeezed by using thin margins and high debt, French corporations will battle to ramp up the funding spending on which President Francois Hollande’s govt is banking to underpin a fragile recovery. Hollande’s government has hung its 2014 recovery hopes on trade funding taking on consumer spending’s conventional role as the motor of growth within the euro zone’s 2nd greatest economy. It expects growth to achieve as a minimum zero.9 p.c in 2014, counting on a corporate tax credit score scheme to lift general business investment by way of 1. …