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French Business Leaders Push Macron to Get on With Reforms

  • Saint-Gobain CEO says next step is overhauling pension system
  • Global trade uncertainty is weighing on the euro-area economy
Emmanuel Macron

Emmanuel Macron

Photographer: Jasper Juinen/Bloomberg
Updated on

French business leaders called on President Emmanuel Macron to press ahead with his promised overhaul program even as the euro-area economy is showing signs of a slowdown.

Macron has shaken up the French economy with changes to labor laws and cuts to corporate taxes. Those efforts are now coming up against a broader slowdown in the euro area as trade tensions hurt exporters and industrial companies. In June, a measure of confidence in French manufacturing slumped to its lowest level in six years, according to data published Monday.