Napoleon chose his generals based on their abilities but, more importantly, if they were lucky.
Without realizing it, did the French do the same by electing Emmanuel Macron as President of the Republic?
He has just arrived, and unemployment is already improving (according to Pôle Emploi yesterday). EY, one of the world’s largest audit firms, has published its 2016 Europe attractiveness survey, and France has come out more than well…
The IHS-Markit indicator announces growth…
Emmanuel Macron is not really responsible, but he is now the president and will reap the benefits!
Should we conclude that the luck of “Lucky Mac” is once again confirmed?
Not only did 2016 mark a 30% increase in foreign company establishments/extensions (17,000 jobs created), but France is approaching both the UK (1st) and Germany (2nd) as a favorite destination for foreign investments in Europe.
Even better, the first competitive advantage that foreign investors recognize in us is “innovation” (50% cite it, +14 points).
Attractive, innovative, and the engine of Europe! Nothing can stop France!
The IHS-Markit indicator for May has just been released (recap: >50 indicates growth, <50 indicates economic contraction)!
At 57.6, not only is France at its highest since 2011, but it is almost 1 point above the Eurozone average and even above the German figure (57.3)!
Conclusion from Markit (about France): “This is the strongest expansion of overall activity in 6 years.”
