Economic reform proposed in a divided France


Emmanuel Macron plans to push for economic reform when he’s sworn in as France’s new president. The former investment banker wants to overhaul France’s labour market, simplify taxes and pension systems, and reduce regulations that interfere with innovation, Reuters reports. The planned reforms are unpopular with French trade unions. The day after Macron defeated far-right candidate Marine Le Pen in a run-off election, hundreds of protesters took part in demonstrations in Paris, worried that liberalising the economy will reduce workers’ rights, Sky News reported. In a divided France, where many voters stayed home because neither Macron nor Le Pen appealed to them, tackling slow economic growth, rising unemployment, and dwindling 

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