Markets

Lionel Laurent is a Bloomberg Gadfly columnist covering finance and markets. He previously worked at Reuters and Forbes.

(Updated )

After a long period of business angst, Macronomics deserves a fair try. Emmanuel Macron's year-old political party has just won a handsome majority in the French parliament, a month after the centrist ex-banker became the country's youngest president.

It's disturbing to think what might happen in France should Macron fail to deliver on his early promise. But, for now at least, his ascendancy looks good for the shareholders and CEOs betting on a sorely needed shakeup of the French labor market.

Click here to read this Gadfly in full in Bloomberg Businessweek.

 

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To contact the author of this story:
Lionel Laurent in London at llaurent2@bloomberg.net

To contact the editor responsible for this story:
James Boxell at jboxell@bloomberg.net