King Macron shines, France holds | EUROtoday

BErcy by no means stops jubilant. Tuesday, May 20, the Ministry of the Economy, all crowded with delight, was nonetheless getting back from the sensible outcomes of Choose France, this excessive mass orchestrated the day earlier than in Versailles by an Emmanuel Macron in Majesty. Exceptional. Exceptional. Exceptional! We barely quip, as authorities communication is overflowing with enthusiasm.

Judge just a little: “An eighth version with an unprecedented degree of 53 advertisements for 40.8 billion funding. Choose France 2025 as soon as once more demonstrates the commercial attractiveness of France. These billions of euros in overseas investments in cruise ships, sustainable fuels, recycling of textiles, and even uncommon land metals, will assist to speed up reindustrialisation. »»

Read too What is Prologis, who introduced huge investments throughout Choose France?It was 8 p.m. when these triumphant conclusions fell into our mailbox, like a soothing balm on nationwide anxieties. Sleep quiet, good folks … however do not dream an excessive amount of. Because behind the golden curtain of Versailles, in the course of the Cannes Film Festival, the staging is ideal, the storytelling, millimeter. But the info are cussed.

The foremost factor: the machine France has stalled

Admittedly, the pinnacle of state is correct to hammer, earlier than an viewers of American and Asian leaders, the significance of making worth, of being engaging. But the figures lend themselves to all interpretations: ought to we rely in variety of investments, in manufacturing capability, in web jobs created? And then, as an example it frankly, intra-European competitors will not be a frantic dash. In prolonged Europe, solely the British and the Swiss nonetheless know find out how to court docket overseas buyers with extra class – and means. And behind this supposed French attractiveness cover from candy monetary incentive mechanisms – billions of public help – whose effectivity stays a taboo topic.

Read too Foreign investments: why France loses area
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The kangaroo of the day

Answer

With all these leg circles, we’d virtually come to neglect the important: the machine France has stalled. Far from the highlight, the tricolor firms, they marvel: can they nonetheless hope to develop, innovate, prosper on their very own soil? Foreign investments, so properly staged in Versailles, are finally only a skinny web of water within the immense ocean of actual must relaunch our growth.

The nation has been stopped for the reason that dissolution. Who is aware of if, within the golden salons of Versailles, an business captain had the audacity to slide to Emmanuel Macron some offended truths? Recall the price of exorbitant labor which slows down initiatives, this weight of a public debt which darkens the horizon, or, fills with irony, these billions engulfed, which is able to solely have served, in useless, the merciless competitiveness deficit within the nation.