Business Leaders Converge on Versailles

Posted on 05/15/2023


Business leaders are meeting in Versailles, France, for President Macron’s “Choose France” summit today.  Macron will encourage additional investment in the country. He has hundreds of high-profile leaders in attendance.

Choose France has been running for five years now. So far, US$14 billion has been committed this year. Macron tweeted out a photo of him with Elon Musk to promote the event. However, Tesla chose Germany over France for its new factory.

Macron is still stung from the protests over the raise in retirement age. His favorite café was firebombed and his public image took a hit with left-leaning French citizens. Macron said he is going to build more factories and revive the French economy. It is the world’s seventh largest economy currently, with a GDP of US$ 3 trillion.

Get News, People, and Transactions, Delivered to Your Inbox