Companies in France are bracing for a salvo of tax rises and higher labour costs in a deficit-cutting budget that risks undermining seven years of pro-business policies pushed by President Emmanuel Macron.
Conservative premier Michel Barnier, who leads an uneasy power-sharing government with Macron’s centrists, on Thursday unveiled budget proposals that include tax increases on business and wealthy individuals in a reversal of the president’s agenda that signals his diminishing…
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