The commercial courts in France are in full activity, with an increasing number of judicial liquidations of companies. Just this week, Michelin announced the closure of two of its factories. And with Poitiers, Toul, Joué-lès-Tours and La Roche-sur-Yon, the industrialist will have closed six factories in twenty years. This illustrates an alarming trend: business failures have increased by 23% this year, threatening thousands of jobs. The Minister of Industry recently spoke about the situation. We talk about it with our guest, Christian Saint-Etienne, economist and professor at the National Conservatory of Arts and Crafts (Cnam). His latest book: The Sino-American conflict for world domination – Europe and France in the new world orderAlpha editions.
French industry: “We need a strategic plan if we don’t want a bloodbath in employment”
