With the Eurozone accounting for a declining share of all French exports (and of German exports) the economic rationale for French (and German) membership of the Euro is hard to discern.

France, along with Germany and nine other countries, adopted the Euro on 1st January 1999. The previous Global Britain Briefing Note, No 28, German Exports After the Euro, analysed the German Balance of Payments. The present Briefing Note, using the same  layout, summarises the results of a similar analysis of the French Balance of Payments.


Download Briefing Note: BN#29