BizBeat Ep. 387: French economic dilemma will fetter Macron's new term

As the Russia-Ukraine conflict pushes up energy and food prices, the life of the middle and lower classes in France becomes increasingly difficult. Therefore, after the re-election of French President Emmanuel Macron, boosting the economy is still the top priority. Since 2017, the Macron government has reduced corporate tax rate from 33% to 25%. However, France's national debt is equivalent to 115% of GDP, which is at an all-time high. In this episode of BizBeat, CGTN's Michelle Van den Bergh analyzes.

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