French Prime Minister Francois Bayro submitted his resignation on Tuesday after losing confidence vote in Parliament. He had gambled with a budget that required more than 40 billion euros of savings. The plan was freezing social care benefits, reducing civil service jobs and canceling two public holidays. Then President Emmanuel Macron Sebastian Lecorno, a long ally, appointed as the new prime minister in France to capture the cloak attempt to pass a budget through the divided parliament. So where is the country’s economy now? Charles Pellegrin discusses this and more with Alexandra Roulette, a co -economist in Insead.
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