is followed closely in Paris. So is French politics in Berlin. Olaf Scholz, the German chancellor, said on July 8th that he was “relieved” that the far right failed to win the French parliamentary election on July 7th. What Mr Scholz did not mention were worries in German companies about what the New Popular Front , the leftist alliance which won the most votes and includes a hard-left element led by a former Trotskyist, have in store for business.are closer than ever.
Businesses in each country invest a lot across the Rhine. Airbus, a Franco-German planemaking Goliath worth over €100bn , is among Europe’s most valuable companies. Siemens, a German engineering conglomerate, and Alstom, a French one, were blocked byOther cross-border ventures are proliferating.