France’s risks to the economy of France is being packed by the country’s Prime Minister Francois Bairou’s decision to vote for confidence next month with various business leaders expressing fears of a new recession. Opposition parties have said they will be throwing the minority government into the September 8 vote, which Prime Minister Francois Bairou announced unexpectedly on Monday, again throwing the Eurozone’s second economy into crisis. Polls held after Bairo’s announcement show that most French people are now wanting new national elections, indicating increasing dissatisfaction with politics and the risk of constant uncertainty. CEO fears “our morale is linked to the functioning of the state,” said Alexandre Bompard, chief executive of the country’s largest retailer, Carrefour. “The more uncertainty, as is the case at the moment, the greater the risk of a strong economy, as consumers postpone their decisions on spending,” Bompard said. […]
Source: News Beast
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