The Medef meetings will open on Monday on the theme of “Power”, but without an executive

But Medef will not be able to receive a prime minister this year, still unknown, let alone a minister of the Economy.

Last year, Élisabeth Borne and Bruno Le Maire made the trip, as did eight other members of the government, while Emmanuel Macron recorded a video message.

The meeting “will not be affected”, indicates Medef, with registrations already around 10,000, “a little over” last year.

Many politicians present

In addition, other politicians will be present at the debates: Fabien Roussel, national secretary of the PCF, Sandrine Rousseau, environmentalist deputy from Paris, former minister and mayor of Meaux, Jean-François Copé, MEP Valérie Hayer, president of Renew Europe, or the Vendée senator and president of the LR group in the Senate Bruno Retaileau.

For his second REF as president of Medef, Patrick Martin is expected to discuss the “power” of companies, their ability to act, in a tense geopolitical and economic context.

President Medef recently did not hide his impatience to see the formation of a government team, including from “different political horizons”, because, he recalls, “the economy needs visibility, stability”.

“Economic Rationality”

However, he estimated in early July in Les Échos that a strict application of the New Popular Front (NFP) program would appear “fatal for the French economy and precipitate our decline”.

“We have always defended the same line, that of economic rationality and the need not to cut the wings of a supply policy that has yielded results in recent years,” we note in Medef.

“This made it possible to create two million jobs and fill part of the competitiveness gap with our neighbors,” we add, “and if we return to this policy, we lose parity with our competitors, especially Asia and the States United.”

On Thursday, the composite Flash PMI from S&P Global and HCOB, which measures French private sector activity, showed an increase in August to 52.7 – an index above 50 reflects expansion, below, a decline in activity – but this result it is entirely due to services, led by the Olympic Games.

“Respondents said they were particularly concerned about the climate of political uncertainty,” the survey notes, while HCOB economist Norman Liebke judges, in this context, the “very bleak” outlook for French companies next year.

Three days of meetings

“Power” will be presented for three and a half days in all its forms, in round tables that Medef hopes will embody the “spirit of public debate and controversy”, but “peaceful”: “The new map of powers”, ” The real power of markets”, “Green power, power to do”, “Consumer/producer, who has the power? “, “Power to parity” or “The power of lies in the attack on democracy”…

Among the speakers are journalists, economists and representatives of the cultural world.

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