Elections ‘could improve French economy’
Whether you are buying property in France, heading there on holiday or considering whether to invest, few can ignore the country’s presidential elections.
And it seems that despite the media frenzy surrounding the possible result, a new president could, according to one expert, hail a new era in the country.
Economist predicts good things for French investment
James Macmillan, head of European equities at BlackRock Merrill Lynch Investment Managers has revealed that the result could mean good things for investors and could encourage the "entrepreneurial spirit" of the country.
According to the economist, the current situation sees employers with huge pressures but a new president could allow "smaller and mid-sized companies and the economy as a whole to match the performance of France’s world class companies that are prospering on the world stage".
France’s future looking positive
Things look good for other parts of the economy too, with Mr Macmillan saying that "fresh political impetus" could mean great things for the country.
He said that, despite some poor decision making with regards to the French economy, it is "in reasonable health and is very much a world leader in important sectors, including aerospace, tourism, food manufacturing, luxury goods and nuclear power". …
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