France

  All of Europe is closely watching France, the eurozone’s second-largest economy. The mix of political instability and financial issues in the ‘Grande Nation’ is concerning. France’s public debt last year reached an estimated 112 percent of its gross domestic product (GDP), accounting for one-fourth of total European Union public debt. In July 2024, the EU […]

  Emmanuel Macron is self-confident and ambitious. His focus is not limited to leading France; he also aims to establish himself as the leader of Europe and a major global player. Ideologically, he is very adaptable – like a snake, he does not hesitate to change his skin. He has cunningly succeeded in gaining the label of “liberal,” even […]

  The eurozone’s two largest countries, France and Germany, could drag the continent into a crisis. The year 2023 was bad for eurozone economies already, with sluggish overall growth a meager 0.6 percent. While short-term factors such as inflation and the necessarily tighter monetary policy can explain the latest developments, longer-term forces, especially in Germany and […]

Recent scenes of violence, chaos and looting in various French cities this summer certainly suggest a problem of “de-civilization.” However, the country faces another “de” issue – deindustrialization – and the two might be connected to some extent. Deindustrialization means a diminishing of industries, industrial jobs and industrial companies in the economy, with a declining […]