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Quick View – Contents France has unveiled its new government, led by Prime Minister Michel…

“Barnier’s cabinet is likely to reassure the business world. … First in terms of method: the prime minister is consulting experts widely and has undertaken to continue doing so in preparation for his government policy statement. This marks the beginning of a culture of compromise that is quite foreign to France. And secondly in the choice of personnel: there are few or no big names in this team, but the ministers are experts in their fields and will be careful not to break with the dynamic created over the past seven years. … With the cast, the method and the direction now set, the 2025 budget will be the acid test.”