Report
Bruno Cavalier

France: bad government spending and bad taxes

It has been quite a while since the French economy fared quite so well. The jobless rate is going down rapidly, businesses are confident, investment is dynamic. Were it not for surging energy prices, everything in the garden would be rosy… Yet, the pandemic suspended the debate on the thorny issues, such as reforming the pension system or cutting budget deficits. The (non-)campaign for the presidential election is spurring generous promises left, right and centre, on purchasing p...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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