Following the recent snap parliamentary elections in France, employers are facing a climate of uncertainty and a potential shift to the left. The left-wing alliance Nouveau Front Populaire (NFP) secured the most seats, but without a majority, employers are wary of the promises made by the alliance. Leading business figures are calling for a coalition with a focus on maintaining a supply-side economic policy for stability.
MEDEF, France’s main employers’ organization, emphasized the need for continuity in supporting growth and employment. They urge President Macron to prioritize the country over partisan interests and collaborate with reasonable political forces. They oppose the NFP’s proposed measures, warning of economic crisis if implemented.
‘False promises’
The Union des Entreprises de Proximité shares similar concerns, calling for a shift towards consensus and away from extreme programs. They emphasize the importance of compromise between trade unions and employers to avoid economic and social ruin.
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