France's Macron tells global CEOs: we're open for business

in #dlike4 years ago

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France's recovery from the economic crisis remains fragile due to structural weaknesses: high public and private debt burdens, high structural unemployment and poor competitiveness. 

Growth projections by the IMF for the world's seventh largest economy have been scaled down due to social protests such as the industrial actions, strikes in the public sector and the yellow vests movement.

France is relatively an attractive foreign direct investment destination with a rank of 32nd out of 190 countries in the Doing Business report, 2019 published by the world bank.  France also can boast of several strengths including a highly skilled workforce, a large industrial base, favorable geographic location in the center of Europe and it's position as Europe's third power. 


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