France Unveils Contentious Labor Overhaul in Big Test for Macron
Mr. Cette said that We cannot wait for this reform to be the solution to France’s problems,
It’s double-edged: The goal is to make the market more fluid." "Macron wants to break with the old system," Ms. Bénassy-Quéré said, adding
that the fluidity would mean that while at first more people might experience periods of unemployment, the hope is that it will be short term.
Gilbert Cette said that This reform brings a radical change, a big bang in the functioning of the French labor market,
Michel Pigenet said that Macron has amplified something that has been in the air for a bit: to move labor negotiations closer to the ground,
" he said, referring to the decentralization of labor negotiations especially for smaller companies.
that This is a new approach that turns the market upside down completely,
Karel Lannoo said that There’s no long term sustainability for the eurozone if France is not managing
to reform structurally like for example what Spain did, what Portugal did a bit, what Ireland did,
