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.
This story is from the July 08, 2024 edition of Business Standard.
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This story is from the July 08, 2024 edition of Business Standard.
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