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Bernard Arnault Criticizes Macron’s Economic Policy, Warns of State Overreach
Bernard Arnault Criticizes Macron’s Economic Policy, Warns of State Overreach
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Bernard Arnault, CEO of luxury conglomerate LVMH, has launched a scathing critique of French President Emmanuel Macron’s economic policies, particularly the government’s encroachment into private sector management. The billionaire executive framed state intervention as a threat to France’s competitiveness amid global economic headwinds.
Arnault singled out proposed 2025 budget tax increases as particularly damaging, arguing they could accelerate corporate offshoring and erode France’s economic foundation. His remarks ignite a fresh debate about the proper balance between regulatory oversight and entrepreneurial freedom in Europe’s third-largest economy.
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