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The French economy has been adapting for about thirty years: the increasing globalization of the economy, the opening of financial markets, the emergence of new sectors of activity have led to painful changes in both the industrial and commercial sectors and in the financial sector. The State and local authorities have had to intervene.
European regulations have a real impact on French domestic policy. The Community authorities obviously advocate the natural disappearance of companies whose financial situation does not allow them to face competition. This raises the question of the real autonomy of not only state, but also local action in terms of aid to companies and economic development policy. In the name of respect for Community competition law, aid that has been paid irregularly must be recovered by the state authorities.
