Saturday University: France's economic challenges

France has been one of the economic problem children for some time now. Even during the debt crisis in the European Union (EU), the question arose as to whether France was well enough positioned in terms of economic and financial policy to shoulder the rescue measures for ailing member states. As a result, the French government undertook a series of structural reforms, with the labor market in particular becoming more flexible. However, Emmanuel Macron's pension reform has recently stalled. This example illustrates France's economic plight: the country is highly polarized in terms of economic and financial policy, meaning that reforms are always accompanied by fiscal compensation measures, which have led to an unsustainable financial policy. France is excessively indebted and must fear the potential reactions of the capital markets. This lecture is about how difficult the economic situation in France really is and what impact this may have on the other EU member states.

Course number: 261100438