Economics

Macron Can Push French Economy On After Best Growth in Six Years

GDP rose 0.6% in 4Q, helped by trade, investment, consumers
Macron is pushing reform agenda in France and Europe

"Most of the key structural reforms that have been delayed for years are being implemented," Boujnah tells Bloomberg.Source: Bloomberg

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By Mark Deen

January 30, 2018 at 9:34 AM UTC

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French President Emmanuel Macron’s push to help businesses is handing the economy a chance to extend its strongest expansion in six years.

Macron wants to provide more support to the self employed, make it easier to hire and fire workers and loosen restrictions on companies, all aimed at reducing unemployment and putting further fuel into the economy. Data on Tuesday showed gross domestic product rose 0.6 percent in the final three months of 2017, with full-year expansion at 1.9 percent.