Economy. Faced with uncertainty, companies are slowing down their investments

The usually reserved governor of the Bank of France had expressed concern the day after the legislative elections: France is at risk of an “uncertainty shock” that could prove “very negative for growth and employment,” declared François Villeroy de Galhau. A month later, the country still has no government, and uncertainty is greater than ever.

Confirmation from the Movement of Mid-Sized Enterprises (Meti), which notes “a sudden slowdown” in investments by companies “paralyzed by the extreme uncertainty that characterizes the political situation”: only 6% of them would be decided to maintain the projects from before dissolution. Confirmation again with the agency's activity index…