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Year-ender: France Achieves Initial Economic Success in 1997

Since the French Socialist Party won the general elections at the end of May, the new government led by Prime Minister Lionel Jospin has adopted a series of economic measures with initial success achieved.

In the general elections, the Socialists, Communists and Ecologists took power from the rightwing coalition of the Gaullist Rally for Republic (RPR) headed by President Jacques Chirac and the Union for French Democracy (UDF).

The resignation of the rightwing government was due to slow economic recovery, increasing unemployed population, serious social injustice and the lack of public confidence in the future, which are also challenging the new leftwing government. The top problems facing ...

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