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France's economy faces risk from potential far-right and far-left governance Caliber.Az on YouTube

21 June 2024 15:14

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.

Caliber.Az
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