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Reform for France economy


Reform for France economy


The ‘Macron Law’ is an economic package for the people of France, designed to boost the country’s stagnant economy and to convince the European Commission that Paris is carrying out reforms and should not be punished for its fiscal slippages.

Shops will be able to open on up to 12 Sundays a year with the approval of local authorities, up from five opening days now. Staff will be paid more and in especially designated tourist zones, like Paris opening hours will be extended to midnight and shops can open every Sunday.

What are seen as complex procedures in industrial tribunals – which can lead to lengthy delays in resolving disputes will be simplified. There will be an indicative reference amount for compensation for dismissal without cause aimed at easing negotiations between employer and employee.

Cutting back on red tape and creating competition in some areas like long-distance bus routes is another aspect of the law.

It will also loosen barriers to entry in some highly regulated professions such as solicitors. It will be easier too for young professionals to set up shop.

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