French businesses fear political turmoil
Business Standard|July 08, 2024
Runoff elections could give Far-Right National Rally a historic win or result in a hung parliament
French businesses fear political turmoil

France's business elite is anxious about volatile politics, inexperienced policymakers, street protests and a possible wave of bankruptcies in the coming months, executives meeting in Provence said ahead of Sunday's parliamentary election.

Corporate leaders gathered on Friday and Saturday in the southern city of Aix-en-Provence for France's annual answer to Davos have been among the main beneficiaries of President Emmanuel Macron's probusiness reforms since he was first elected in 2017.

Far-Right and Left-wing parties want to roll back some of Macron's reforms, ranging from raising the retirement age to scrapping a wealth tax on financial assets.

Voting is underway in mainland France on Sunday in pivotal runoff elections that could hand a historic victory to Marine Le Pen's Far-Right National Rally and its inward-looking, anti-immigrant vision - or produce a hung parliament and political deadlock.

この記事は Business Standard の July 08, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の July 08, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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