Macron Wins the Hearts of France's Business Leaders

  • PM pledges tax cuts are priority as business confidence surges
  • Bank of France sees economic growth of 0.5% this quarter

Emmanuel Macron

Photographer: Christophe Morin/Bloomberg
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Emmanuel Macron has won the hearts of France’s business leaders, who are counting on him to push through radical reforms to sustain an economic recovery that’s been a long time coming.

Confidence is at a six-year high, and executives from Societe Generale SA to building materials firm Cie. de Saint-Gobain SA have spoken of a brighter mood since the new president was elected in May, partly on hopes that he’ll help deliver the sustained robust expansion his predecessors couldn’t inspire.