Monday, August 3, 2020

Why Macron fired its popular premier

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The program has already been decided: in a recent interview, Macron confirmed its consistently entrepreneur-friendly course. He wants to continue the pension reform, against which unions ran into storms with rail strikes at the turn of the year. He continues to rule out tax increases for major shareholders. Even the eco-swivel, which he announced after the success of the Greens in the local elections last Sunday, looks modest on closer inspection.

Economic downturn

After France saw one of the worst economic slumps among the highly developed countries in the wake of the Corona crisis and headed for an unemployment rate of 12 percent, Macron sees salvation more than ever in painful measures to increase competitiveness. Philippe had nothing else in mind.

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