Industry News

Implications of France Presidential Election on ICT Sector

  • May, 2017 : The presidential election in France witnessed no political candidate achieving a clear majority, with candidates from the traditional political parties also failing to impress. All eyes are now on the runoff election scheduled on 7th May, 2017 between Emmanuel Macron and Marine Le Pen from En Marche and National Front political parties, respectively. Emmanuel Macron, a conservationist wants France to remain part of the European Union (EU), and introduce measures to elevate growth in French economy with business-friendly reforms. On the other hand, his competitor wants France to become politically isolated and fuel economic nationalism, in addition to being in favor of withdrawing from The North Atlantic Treaty Organization (NATO).