In France a new bill has recently been introduced. Loi PACTE or Projet de loi de croissance et transformation des entreprises (Action Plan for Business Growth and Transformation) is a text composed of nearly 200 articles aimed at reforming several economic areas. The draft law was initiated by the Minister of the Economy Bruno Le Maire and was introduced to the National Assembly on 19 June 2018.
Pursuant to article 45 of the French Constitution and parliamentary procedure, the latter was therefore examined by the National Assembly and the Senate. Following debates between the National Assembly and the Senate in accordance with parliamentary procedure, the bill was finally voted on and adopted by the National Assembly on April 11.
But what features will this law contain? Read more