France Faces Broad Labor and Economic Turmoil Under Pompidou
France endures CGT strikes and political fault lines as Pompidou's government wrestles with inflation, unemployment, and a stalled reform program. Roadblocks by shopkeepers, student protests, and a costly wine inflation highlight a nation-wide squeeze while tensions over NATO, Mediterranean policy, and Soviet influence complicate governance.
MENTIONED IN THIS ARTICLE
United States
France
General Confederation of Labor
CGT
Georges Pompidou
Mediterranean
Price Rises Shake Confidence In France Policy
France struggles to calm anxious public as cost of living climbs over 9 percent this year and wage rules tie to prices. Premier Pompidou faces skeptical polls while Giscard d Estaing defends tight credit and aims to keep imports and exports balanced. four months ahead of schedule, trade shows improvement with rising exports and steady reserves.
MENTIONED IN THIS ARTICLE
Paris
France
Europe
United States
Belgium
Jacques Chaban-Delmas
Pompidou
Valery Giscard d’Estaing
Bank of France
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