Thousands of French bosses took to the streets on Monday at the start of a week of coordinated protests against the Socialist government’s regulations and high taxes.
Cities including Paris, Marseille and Toulouse saw around 4,000 owners of small and medium-sized enterprises (SMEs) pound the streets in protest.
Demonstrators brandished signs saying “Free Our Businesses” and wore construction type neon clothing to draw attention to their plight, the France 24 news agency reported.
The last time French employers’ associations marched in protest was in 2000, when the then right-wing government introduced the 35-hour working week. This time around, the protests are part of a week of action called by a number of French employers’ groups to protest against the socialist government’s lack of reform of rigid labor laws that business leaders say are hurting their businesses by making it hard to hire and fire employees.
via CNBC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Alfonso Esparza