France's economy faces risk from potential far-right and far-left governance Caliber.Az on YouTube
France's economy is facing uncertainty with the potential rise of far-right or far-left governance. Both factions propose significant spending plans, unsettling investors and business leaders.
Long-standing grievances against Macron's centrist government have bolstered the far-right National Rally and the left-wing New Popular Front, possibly leading to a hung parliament of fiscal populists.
The National Rally, led by Marine Le Pen, suggests lavish spending to address the cost-of-living crisis, while the New Popular Front, inspired by La France Insoumise, has a radical tax-and-spend agenda.
Experts warn that aggressive taxation from the left could drive capital out of France, damaging business confidence, and the far-right's spending plans could escalate the debt crisis.
In this video, we'll delve into the economic implications of these proposals and the potential impacts on France's financial stability.