Past Events

The French economy has bounced back after the pandemic, partly due to the structural reforms the country has carried out over the last decade. At our webinar yesterday, Oliver Vigna from Paris Europlace and Francois Haas from Banque de Paris explained how the reforms had increased business efficiency and lowered corporate tax rates. Inflation has not risen as sharply in France as in other E.U. countries, thanks to a tariff shield which is protecting consumer spending, and strong household savings.

The economy does faces some challenges. Significant government debt dating back to the Global Financial Crisis remains a burden, and many businesses are struggling to find qualified manpower due to low unemployment. Going forward, they said the French economy is fast pivoting towards digitalization and sustainability, while continuing to pursue structural reforms.