Published: 2024-07-14
The Nouveau Front Populaire (NFP), a coalition of left-wing parties in France, has proposed a series of radical economic measures that have dominated public discourse.
Key proposals include repealing the recent pension reform, raising the minimum wage to €1600, and implementing price freezes.
The NFP plans to increase public spending by €100 billion by the end of 2025, targeting power of purchase improvements.
However, economists are divided on the potential impact, with some predicting a massive stimulus effect and others warning of economic instability.
The coalition faces significant challenges in implementing these measures, as they lack a parliamentary majority and would require legislative approval for most of their ambitious agenda.
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