EME Outlook

Is France’s Leader Rebooting the Economy?

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French President, Emmanuel Macron, swept into office in May, 2017 on a pledge to create jobs and improve the lives of workers by rebooting the country’s economy.

A year on, annual economic growth has picked up - closing the gap with Germany and pulling away from other major European powers such as Britain and Italy. The pace of new business openings has increased sharply and improvemen­ts in the jobs market have left some employers warning about skilled workers being in short supply.

But economists say the rosier picture is due to stronger growth across Europe as well as policies put in place by Macron’s predecesso­r, Francois Hollande.

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