“I’m going to do this in Lausanne, at the Université de Lausanne, and I’ll really enjoy meeting students and talking to them,” he added. In his speech Le Maire made clear that he will still be living in France, which he called “my homeland, my life, my passion.” Le Maire has been in his post … Read more
In a report unveiled today, Draghi proposed assessing existing EU rules at the beginning of each European Commission mandate to ensure that European companies aren’t penalized by excessive regulation. “This process should include simplifying and removing overlap and inconsistencies across the whole ‘legislative chain,’ with priority given to those economic sectors where Europe is particularly … Read more
“The good news is that France has so far remained in control of its own destiny,” Council members Adrien Auclert, Thomas Philippon and Xavier Ragot wrote. “Our debt is the direct consequence of our budgetary choices. It is not the mechanical accumulation of a snowball thrown down a steep hill” as opposed to Italy, where public debt … Read more
The choice of who fills the prime ministerial and cabinet positions is up to the president, who mostly does as they please when their party holds an absolute majority in parliament, or otherwise picks the leader of whichever party controls the lower house. But the fragmented political landscape in France makes it unclear who is … Read more
For some centrists, the left-wing France Unbowed party and its leader Mélenchon pose an equal or even greater danger than Le Pen. Macron himself has spent much of this campaign slamming the policies of the New Popular Front alliance as “grotesque” and destructive for France. Opponents have slammed the far left, warning that their spending … Read more
“I prefer this debate on international taxation to the interminable debate in France on our own tax system,” Le Maire told reporters in April. ‘Nothing has been ruled out’ For France’s opposition parties, which broadly speaking are less pro-business than Macron, there’s now disquiet that the government’s backing for the super-rich tax gives it the … Read more
Global markets are jumpy about the prospect of a far-right government in France after President Emmanuel Macron called a snap election following his centrist party’s drubbing in EU elections earlier this month. French Finance Minister Bruno Le Maire warned on Tuesday that France could fall into a debt crisis if the far right or the … Read more
In the past, the EU executive has let the bloc’s second-largest economy off the hook, even when its spending burst past the limits. But as populist governments across the Continent pull at the fabric of the European establishment and more fiscally disciplined governments accuse the Commission of turning a blind eye, things are changing. “Increased … Read more
President Emmanuel Macron’s camp argues that the National Rally measures could cost over €100 billion annually, citing an independent estimate, while proposals from the left-wing alliance could cost up to €268 billion. The National Rally, however, has backpedaled on some of its most expensive ideas. Le Maire said France could experience the same dire consequences … Read more
The center cannot hold? Then there’s former Prime Minister Philippe, who has conspicuously been keeping his distance — even disappearing to take the sea air in Le Havre, a Normandy port whose mayor he became in 2020. Philippe, who served as PM from 2017 to 2020, used to be seen as the country’s next centrist … Read more
