The future President of France? The proposed reforms are an attempt to revive the economy, which hovers at near-zero growth, with unemployment rates running over 10 percent. To help revive the economy, President Francois Hollande handpicked 38-year-old Emmanuel Macron, a former investment banker at Rothschild, to be his new economic adviser. Macron is pushing to loosen employment laws, allowing people to work longer hours, and to expand government benefits. Macron laughed and said, “We need people who dream impossible things, who fail, sometimes succeed, but in any case, have ambition.”

Source: Manila Bulletin August 16, 2016 07:07 UTC