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France facing the challenge of remaining attractive

2022-11-13T21:21:52.392Z


DECRYPTION - In an uncertain political and economic context, investors expect further reforms. France rose to the top step of the European podium three years ago in terms of attracting foreign investment. After years of trying to restore competitiveness damaged by excessive labor costs and taxation, the executive obviously did not hide its satisfaction at doing better than its main competitors, Great Britain and Germany. But, for the past few months, things have been getting tougher. Betwe


France rose to the top step of the European podium three years ago in terms of attracting foreign investment.

After years of trying to restore competitiveness damaged by excessive labor costs and taxation, the executive obviously did not hide its satisfaction at doing better than its main competitors, Great Britain and Germany.

But, for the past few months, things have been getting tougher.

Between an executive that does not have a sufficient majority to pass its reforms, eagerly awaited by investors, and the images of strikes in refineries, which have circulated around the world, France is no longer on a pedestal

.

The Telegraph

, a British newspaper admittedly accustomed to sensationalism, wrote thus a few days ago:

“Once the most beautiful, the most brilliant and the most civilized country in the world, it is now caught in a seemingly irreversible spiral of decline. »

To read also "To not get used to ugliness", the association Landscapes of France draws up a classification of ugly cities

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Source: lefigaro

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