Macron’s Push For French and European Reform Remains, But Will Be Constrained

TRAVEL NOTES: FRANCE

By Brunello Rosa and Nouriel Roubini

9 July 2019

In this paper we discuss:

• Recent developments in the French economy;
• The reform agenda implemented by Macron so far;
• The next items on Macron’s reform agenda for France and Europe;
• What he can realistically achieve between now and 2022;
• What his chances are of being re-elected in 2022; and
• The market implications of all the above.

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Download PDF: R&R France Trip Report – July 2019