French Finance Minister Bruno Le Maire to become lecturer in Switzerland
Select your language
Generated with artificial intelligence.
Listening:
French Finance Minister Bruno Le Maire to become lecturer in Switzerland
France's departing finance minister, Bruno Le Maire, is moving to Switzerland as a lecturer.
+Get the most important news from Switzerland in your inbox
He will teach economics and geopolitics at the University of Lausanne, Le Maire said. However, he will remain living in France.
Following the parliamentary elections and the appointment of Michel Barnier as the new French prime minister, the appointment of a new government in France is imminent. Le Maire had previously announced that he would not continue in office.
In a farewell speech, Le Maire, 55, who belongs to President Emmanuel Macron’s centrist party, referred to the economic progress made in France during his time in office since 2017.
+ Macron in Switzerland: ‘you may not know it, but you are also Europeans’
The re-industrialisation of the country had been set in motion and, contrary to the trend of French bashing, the disparagement of France from an economic perspective, France had become the most attractive business location in Europe, he claimed. Unemployment had fallen and growth in France was higher than in the UK, Italy and Germany, he said.
However, Le Maire is leaving office with mixed results.
The state of France’s public finances has recently deteriorated considerably. The EU Commission is already pursuing deficit proceedings against France due to excessive new borrowing. The goal of gradually bringing new borrowing back below the European limit of 3% now seems a long way off. With a public debt level of 110% of gross domestic product, France remains one of the worst performers in the eurozone.
Translated from German by DeepL/ts
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
More
Why Switzerland is among the ten fastest-warming countries in the world
More
In Switzerland four out of ten people have a migrant background – who are they?
More
Mennonite movement turns 500 in Zurich, where it all began
More
Suicides in Switzerland quadruple among older people
More
French gangs target luxury cars in Switzerland
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.