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France: Economic relief to be frontloaded

From think.ing.com

President Macron addressed the nation for the second time in less than one week, announcing France was “at war” (a word he mentioned six times) and is taking new measures, which should be made more precise later this Tuesday by the Philippe Government. The Covid-19 crisis will mobilise all political resources with all reforms frozen in the National Assembly, which will allow the government to take measures directly, bypassing Parliament for all Covid-19 related emergency laws. The emergency measures aim at isolating people as much as possible, although President Macron stopped short of talking about “confinement”. ... (full story)

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  • Category: Fundamental Analysis