伯纳德·阿纳特（Bernard Arnault）谴责国家管理部门

这种批评凸显了法国在已经以国际紧张局势和有争议的财政选择为标志的经济背景下对国家作用的局限性进行的关键辩论。

Bernard Arnault, CEO of LVMH, has once again voiced his strong opposition to the increasing intervention of the State in the management of private companies. This criticism, which comes as no surprise from the head of the luxury giant, is highlighting a crucial debate in France about the limits of the State’s role in an economic context already marked by international tensions and contested fiscal choices.

LVMH首席执行官伯纳德·阿纳尔特（Bernard Arnault）再次表达了他强烈反对国家在私人公司管理中日益增长的干预措施。这种批评从豪华巨人的负责人来说并不奇怪，它强调了法国在法国关于该州角色限制的关键辩论，这在已经以国际紧张局势和有争议的财政选择为标志的经济背景下。

Bernard Arnault denounces State interference in company management

伯纳德·阿纳特（Bernard Arnault）谴责国家管理部门

伯纳德·阿纳特（Bernard Arnault）谴责国家管理部门

Questioned in the Senate about the call for economic patriotism launched by Emmanuel Macron, who has completely ruined France, Bernard Arnault judged that State interference in the operational management of companies was "very bad" and leads to disaster. For him, this meddling disrupts strategic decision-making, weakens competitiveness, and undermines economic momentum.

伯纳德·阿纳尔特（Bernard Arnault）在参议院对伊曼纽尔·马克龙（Emmanuel Macron）发起的呼吁伊曼纽尔·马克龙（Emmanuel Macron）发起的呼吁，伯纳德·阿纳尔特（Bernard Arnault）认为，国家对公司运营管理的干预是“非常糟糕的”，导致灾难。对他来说，这种干预会破坏战略决策，削弱竞争力并破坏经济势头。

This position highlights a deep divide in France between the government and large companies, which demand more freedom to adapt to global challenges. The head of LVMH therefore opposes the government’s injunction to suspend French investments in the United States in response to American tariffs.

该立场强调了政府与大型公司之间法国之间的巨大鸿沟，这要求更多适应全球挑战的自由。因此，LVMH的负责人反对政府暂停法国对美国关税的禁令。

LVMH has had several workshops across the Atlantic for decades, a defensive strategy that Arnault considers an asset. This international presence allows it to withstand economic uncertainties, as shown by the good resilience displayed by LVMH in the first quarter of 2025. This, despite:

数十年来，LVMH在整个大西洋曾在大西洋进行了几次研讨会，这是一种防守策略，它考虑了资产。这种国际存在使其能够承受经济不确定性，如LVMH在2025年第一季度所表现出的良好韧性所示。

* Rising raw material prices

*原材料价格上涨

* Increased energy costs

*增加能源成本

* Strong demand for luxury goods

*对奢侈品的强烈需求

Arnault believes forcing companies to limit their international presence would be counterproductive. Moreover, it would harm their growth in a globalized context.

Arnault认为，迫使公司限制其国际业务会适得其反。此外，它将在全球化的背景下损害他们的增长。

France: taxation and surtaxes — risky levers that can slow down the economy

法国：税收和近视 - 可以放慢经济的风险杠杆

法国：税收和近视 - 可以放慢经济的风险杠杆

Bernard Arnault has already criticized the fiscal measures planned in the 2025 budget! In particular, the surtax targeting large companies. He sees in this fiscal pressure a factor encouraging offshoring, with harmful effects on the attractiveness and possibly the economy of France.

伯纳德·阿纳尔特（Bernard Arnault）已经批评了2025年预算中计划的财政措施！尤其是针对大公司的Surtax。他认为，在这一财政压力下，他是鼓励离岸外包的因素，对法国的吸引力和可能的经济产生有害影响。

The French fiscal measures considered in the 2025 budget, especially a surtax for large companies, are an incentive to offshoring.

2025年预算中考虑的法国财政措施，尤其是大型公司的Surtax，这是一个离岸外包的动机。

The planned surtax risks:

计划中的Surtax风险：

* Disrupting the competitiveness of French companies

*破坏法国公司的竞争力

* Pivoting entrepreneurial activity abroad

*在国外枢纽的企业家活动

* Slowing down economic growth

*减慢经济增长

This fiscal pressure, coupled with state interference, can accelerate offshoring, causing:

这种财政压力加上状态干扰，可以加速离岸，从而导致：

* A decrease in jobs and activity in France

*法国的工作和活动减少

* A decline in the country's attractiveness for foreign investment

*该国对外国投资的吸引力下降

* A weakening of the euro

*欧元的削弱

The luxury sector, a pillar of the French economy, perfectly illustrates these risks. Regulatory uncertainty therefore slows down investments, threatens the sustainability of sectors, and negatively impacts employment as well as the trade balance. Furthermore, this breakdown could push companies and individuals to turn to alternative assets like bitcoin. The crypto queen is seen as a decentralized store of value against economic risks.

豪华行业是法国经济的支柱，完美地说明了这些风险。因此，监管不确定性会减慢投资，威胁到部门的可持续性，并对就业和贸易平衡产生负面影响。此外，这种细分可能会推动公司和个人转向诸如比特币之类的替代资产。加密女王被视为针对经济风险的分散价值存储。

Bernard Arnault’s firm stance illustrates a major challenge: reconciling state regulation and freedom in an unstable economy. Will France be able to find the balance between control and innovation? This debate is intensifying as some mention the possibility for the State to requisition French savings to wipe out public debt, raising new questions about the limits of state intervention.

伯纳德·阿纳尔特（Bernard Arnault）的坚定立场说明了一个重大挑战：在不稳定的经济中调和国家法规和自由。法国是否能够找到控制与创新之间的平衡？这场辩论正在加剧，因为有些人提到了国家征收法国储蓄以消除公共债务的可能性，从而提出了有关国家干预范围的新问题。

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The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

世界正在发展，适应是在这个起伏的宇宙中生存的最佳武器。我最初是加密社区经理，我对与区块链及其衍生物直接或间接相关的任何事物感兴趣。为了分享我的经验并促进我热衷的领域，没有什么比撰写内容丰富且放松的文章更好。