Reported 5 months ago
German electrical components maker Hager is leaning towards expanding in France due to factors like cuts to business tax rates, more flexibility in labor rules, and support from local officials. President Macron's pro-business reforms have made France increasingly attractive for foreign investors, with the country surpassing Germany as Europe's top destination for foreign direct investment since 2019. Macron's initiatives, such as lowering corporate taxes and modernizing labor laws, have boosted economic growth and job creation, but challenges like political opposition, low approval ratings, and the need for further reforms remain.
Source: YAHOO