François Bayrou confronted with the return of deindustrialization in France | EUROtoday

Is this the top of a parenthesis? Is the reindustrialization dynamic, at work in France for a number of years, about to finish? Several indicators counsel this, that are turning pink, whereas the brand new Prime Minister François Bayrou takes workplace and should compose his authorities. Industrial investments fell by 10% in quantity within the nation in 2024, one thing not seen since 2019. And for the primary time since 2015, manufacturing unit closures will probably be extra quite a few this yr than openings. The detrimental steadiness ought to be fifteen, based on the depend by the agency Trendeo, specialist in employment and industrial funding.

Until now, the Macronist energy has prided itself on the return of factories and investments in France, extra marked every year, because the symbols of commercial awakening for the reason that arrival on the Elysée of Emmanuel Macron. But the top of the financial ball appears to have come. Interest charges are rising and monetary markets are tensing – on Friday night, as quickly as François Bayrou was appointed to Matignon, the American score company Moody’s lowered France’s score.

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