Why France is at risk of becoming the new sick man of Europe


What is happening in France now is the conjuncture of several crises at once: political, economic, and social – and that is what makes the moment feel so significant.

In the words of pollster Jerome Fourquet last week, “It is like an incomprehensible play being acted out in front of an empty theatre.”

Voters are told that debt is a matter of national life or death, but many either don’t believe it, or can’t see why they should be the ones to pay.

Presiding over it all is a man who came to power in 2017 vested with hope, and promising to bridge the gap between left and right, business and labour, growth and social justice, Euro-sceptics and Euro-enthusiasts.

Following this latest debacle, forthright French commentator Nicolas Baverez drew a devastating conclusion in Le Figaro: “Emmanuel Macron is the real target of the people’s defiance, and he bears entire responsibility for this shipwreck.

“Like all demagogues, he has transformed our country into a field of ruins.”


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