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Tag Archives: French tax

Are French reforms for real?

Macronomics could well accelerate the closing of the growth gap with Germany and improve the outlook for French equities.The first major piece of President Emmanuel Macron’s agenda, the business- friendly labour market reform, was signed into law last month. Some Macron measures may have adverse effects in the short term and some others are not fully financed and difficult to quantify, but overall they should boost purchasing power, investment and productivity. The government has been...

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