Reported 7 months ago
A coalition of France’s left-wing parties unveiled a manifesto to dismantle President Macron’s economic reforms, setting the country on a collision course with the EU. The plan includes undoing pension reforms, raising the minimum wage, and imposing extra taxes on certain industrial firms, which would be funded by taxing the wealthy. The leftist alliance's proposals have caused political uncertainty, spooking investors and causing a drop in French bonds. Finance Minister Le Maire warned of economic collapse and EU exit if the left-wing wins, while the left-wing dismissed Le Maire's claims and plans to push for fiscal changes with the EU if elected.
Source: YAHOO