Keyword: services

How President Macron lost his economic gamble over Covid

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Lost gamble? Economy minister Bruno Le Maire and President Emmanuel Macron. © Yoan VALAT / POOL / AFP Lost gamble? Economy minister Bruno Le Maire and President Emmanuel Macron. © Yoan VALAT / POOL / AFP

President Emmanuel Macron is said to have taken a “gamble” over health restrictions by not locking down France for the third time when the number of Covid-19 cases started rising once more in January. But the head of state has also gambled on the economy too. The French government thought that it could moderate the impact of the epidemic on economic activity through more limited but longer term restrictions. But as Romaric Godin reports, the French “economic resistance” proclaimed by the government could well turn out to be a painful illusion for the country and its public.

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