Gabriel Attal praised, on Monday at the Paris headquarters of the American bank Morgan Stanley, the “rediscovered attractiveness” of France, just before the inauguration in Versailles of the “Choose France” summit, aimed at promoting foreign investments in the country.
Together with Ted Pick, general director of the American bank that has expanded its activities in France, the head of Government highlighted “several symbols”, among them that of “trust”, “trust in the European Union, trust in our country” and that of “attractiveness, the attractiveness rediscovered since 2017 by our country.” Morgan Stanley, which went from 150 to 400 employees in France in three years, will host a new European campus in Paris and thus create 100 additional jobs.
“Fruit of Brexit”
“Paris has truly become a winning center in Europe,” praised Ted Pick. “The reality is that we are reaping the fruits of Brexit”, that is, the departure of the United Kingdom from the European Union, said Gabriel Attal, recalling having reduced taxes on companies by 3 billion euros and having initiated a simplification of rules. France “is this country where it is good to undertake, good to invest, good to create,” he praised.
Gabriel Attal also promised to support a bill by Renaissance MP Alexandre Holroyd, which would notably allow listed companies to issue shares with “multiple voting rights” and simplify capital raising procedures.
Next, the Prime Minister must attend the “Choose France” summit, which brings together some 180 foreign leaders in Versailles, to chair an opening lunch, for the first time in which the European Commissioner for the Internal Market, the former Minister of Finance. Thierry, will participate.
Attractiveness, a priority for France
The government expects from this seventh edition of Choose France more than 15 billion euros in investment announcements, a “record” that illustrates the reindustrialization underway, according to him.
After visiting two emblematic companies of these investments, President Emmanuel Macron will arrive in Versailles, where he will chair two round tables, before bilateral talks and a question and answer session with all entrepreneurs. The day will end with dinner in the prestigious Hall of Mirrors.
In recent years, the government has prioritized the attractiveness of France, in the context of the desire to reindustrialize the country after the Covid-19 pandemic and the war in Ukraine, and to attract financial companies after Brexit, through linked reforms to the labor market and taxation.
Source: BFM TV
