Macron sets out next phase of plan to turn France into ‘startup nation’

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Macron sets out next phase of plan to turn France into ‘startup nation’

Mr. Le Maire said his changes will add 0.3 percent to the economy by 2025 with output 1 percent higher in the long run. The Bank of France said on June 14th that the economy should expand 1.8 percent this year while the jobless rate will fall to 8.3 percent in 2020 from 9.2 percent now. “This bill comes right on time to rekindle our growth,” Mr. Le Maire told reporters in Paris. “We need a deep reform, a coherent reform that will remove all the brakes on our economy.”

 

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