Vive la différence! (TT Apr07 p38-39)

The Treasurer April 2007

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A local bank should be the first port of call for UK treasurers expanding into France, but beware: the bank/corporate relationship in France differs greatly from that in the UK. France’s bureaucracy and 35-hour week are seen as barriers to trade, but the statute-based legal system and a diminishing language barrier makes commercial ties easier.

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