Two years into presidency, Macron refocusing economic reform drive

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Two years into presidency, Macron refocusing economic reform drive
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When Emmanuel Macron became French president two years ago he promised a clean b...

PARIS - When Emmanuel Macron became French president two years ago he promised a clean break with the past. Within months of taking office he had cut tax on companies and investors and made hiring and firing easier via changes to labor laws.

Faced with the protesters’ accusations that he was ignoring workers and pensioners, and with the sometimes violent demonstrations causing weekly disruption in cities across France, Macron changed tack. France’s international partners say that is a fair price to pay if it helps keep the peace and allows Macron to push ahead with further reforms.

“If Emmanuel Macron is able to get out of the domestic social crisis, there are some sources of growth,” Plane said.

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