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France’s Macron seeks to relaunch economic reforms

Monday, July 19, 2021

Significance

Among those policies are measures targeted at youth unemployment and social care for older people, aimed at attracting left-wing support. Most importantly, Macron has committed to relaunching his controversial pension reforms, which triggered widespread social unrest in late 2019 and early 2020.

Impacts

  • Mandatory vaccination could trigger protests and legal action against the government.
  • The centre-right Republicans could take support from Macron if they unite around a strong presidential candidate over the coming months.
  • Macron will likely push for looser EU fiscal rules to facilitate more government spending beyond 2022.

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