Emmanuel’s chart above has won the hearts of French leaders who count on him to carry out radical efforts to ensure economic recovery has long been reformed.
The trust was high for six years, and the managers talked about the state’s lighter mood, as the new president was elected in May, partly hoping to help deliver a robust expansion could not boost his predecessor.
The Bank of France on Wednesday with a better confidence forecast in production and said the economy could grow this quarter by 0.5 percent. This is more than a 0.4 percent forecast in the Bloomberg survey.
In the meantime, he promised in a radio interview to focus on cutting consumption and taxes, “the pain of competitiveness,” and Christophe Castaner, the government spokesman said planned protests would not stop limiting the laws on protection Prime Minister Eduard Philippe.
As an advisor to former President Francois Hollande, the line above adopted measures such as $ 47 billion in tax relief
“The level of security is reflected after the five years of weak growth is a major need,” said the chief economist Euler Hermes in Paris, Ludovic Subran. “The commitment to fiscal discipline suggests that taxes over the next five years will not increase.”
The president wants to implement deregulation, but many other European countries have been implemented to improve their growth potential. During credo executives gives the impetus to change, you need to spread your attitudes, because their narrow electoral base exposes the traditionally strong local resistance. The line above, a former banker, is inconsistent with the main party and has never elected an electoral post before being elected to remove the recording.
The economy has its strongest expansion since 2011; the continuous composite PMI has remained high, although it has fallen over the past two months, suggesting some softening. The reference CAC 40 rose nearly 6 percent this year, before the Stoxx Europe 600 index.
It’s the most difficult task to reform the labor law. Disappointing job creation was one of the reasons why Hollande became the first president in the mid-century did not seem a re-election.