Paris's Finance Hub at Risk After Macron's Election Gamble

Reported 8 months ago

French President Macron's decision to call snap elections has raised concerns among bankers and fund managers who were drawn to Paris as a finance hub post-Brexit. While impacts are uncertain, worries about work permits, taxes, economic consequences, and potential policy shifts have emerged. The elections could affect stability and public finances, leading to instability in the financial community. However, firms currently in Paris remain committed, viewing the investments with a long-term perspective despite the political uncertainty.

Source: YAHOO

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