5 Quotes by Nicolas Sobczak

There is no major disruption of people's lives for the time being, and so there is no great risk to the economy for now. But if the discontent became a national phenomenon, then consumer confidence could suffer.

It could become an issue for the French economy if we're losing talent. That would be another sign of decay in how French society is preparing for the future.

People are less sympathetic about such strikes. They have the impression that workers are well paid and have good social protection. They say that times are tough for everyone and that the unions are asking too much.

As long as we don't see house prices coming down, those ECB members wanting higher rates will keep pushing for them. But the consumer is in disarray, so it doesn't mean they'll win.

In the last two months, the ups and down in the consumer spending numbers have been mostly driven by swings in the textile and leather sector.