France Economy Chief Says COVID-19 Is Good For Business

Story By: Ernest Bio BogoreSub-EditorJoseph Golder, Agency:  Newsflash

France’s Secretary of State for the Economy has been slammed for stating that the coronavirus epidemic is a “good time to be doing good business”.

The French Secretary of State to the Minister of Economy and Finance, Agnes Pannier-Runacher, 45, made the comments during an interview with a local television station, saying: “We have a financial system today that is much stronger than it was during the crisis of 2008.

“I, for one, am looking at the situation with some caution. It’s a good time to be doing good business on the stock market today.”


Fellow politicians were shocked at her statement, such as MEP Gilbert Collard, MEP, said: “Stock exchange or life, money has no honour.”

Bruno Retailleau, Senator of Vendee, said: “There’s all the ‘Macronism’ in this statement: amateurism, lightness, and disconnection from reality. Companies will close because of this crisis and Agnes Runacher sees an opportunity.”

Runacher replied to Retailleau, saying: “On the contrary, it’s a long-term consideration, dear sir. Investing in French companies when they are under attack is a service to them and their employees.”

Netizens were quick to slap Runacher, with one writing: “Take communication courses, Madam.”


Another wrote: “The Macronavirus, the scourge of society.”


Stock markets have seen a significant drop in the COVID-19 outbreak, with the Paris stock exchange particularly affected, posting its worst one-session fall since 2008 (-8.39 percent) on Monday 9th March.

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