Author: Bastien Bonnefous
A car body is painted at a Ford Group automobile plant in Cologne, Germany, on June 4, 2024. ROBERTO PFEIL / AFP The industrial production in Europe’s top economies is decreasing, with Germany, France, Italy, and Spain all reporting a decline. This downward trend is continent-wide, affecting both the Eurozone and the European Union as a whole. While some countries like Hungary, Germany, Italy, and France experienced significant drops, others such as Denmark, Greece, and Finland saw growth. European industry faces challenges like lack of competitiveness against the US and Asia, slow domestic demand, and energy crises due to the…
In the current political climate in France, the risk of instability post the snap parliamentary elections on July 7 is causing concern among investors. President Macron’s warnings about a potential “civil war” if far-right or left-wing parties come to power have added to the unease. Read more Subscribers only French elections: How the 224 candidate withdrawals have reshaped the second round While no projects have been canceled yet, businesses are cautious about future investments. Pascal Cagni from C4 Industries mentions that investors are in a ‘wait and see’ mode. Just two months ago, France saw record foreign investments, attracting big…
Emmanuel Macron at the 5ᵉ edition of the Choose France summit, in Versailles, on July 11, 2022. LUDOVIC MARIN / AFP France’s prestigious “mini Davos” event, the Choose France summit, is set to take place at the enchanting Château de Versailles. Spearheaded by President Emmanuel Macron, this pro-business gathering aims to attract foreign investors by showcasing France’s economic strengths. The 2023 edition saw a record-breaking €13 billion in investment projects, with promises of even greater numbers in the upcoming summit. Named Europe’s top destination for foreign investment for the fifth consecutive year, France’s business-friendly policies have been recognized as pivotal…