France’s economic makeover, however, has come at a steep political price. Opening to market forcesFrom the moment Macron stepped onto France’s political stage he has stood out as an unapologetic globalist. But he has struggled to provide the French public with a sense of security and sovereignty. The spending programs Macron enacted to soften the impact of these crises have blown a hole in France’s public finances. The New Popular Front, the coalition of leftist parties, is campaigning on promises to roll back many of Macron’s economic overhauls.

Source: Wall Street Journal June 28, 2024 14:17 UTC