President Emmanuel Macron will on Monday tout 21 new foreign investment projects in France and a booming economy as proof his economic reforms have been bearing fruit less than three months before a presidential election in which he is expected to run.
During a visit to Alsace in the east, Macron will announce a 300-million-euro industrial project by German chemical giant BASF
As the presidential race heats up, his aides are keen to shift the debate away from immigration and law-and-order issues and put the spotlight on the economy, which has been recovering strongly from the COVID-19 pandemic."This is the result of all the reforms that were carried out since the start of the mandate," a presidential aide told reporters.
Since 2017, Macron has pushed through a cocktail of supply-side economic reforms meant to boost businesses' competitiveness, cut taxes on investors and loosen strict labour market rules.
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