One of the biggest issues during last week’s presidential election was unemployment, which has been hovering around 10% for quite some time in France. With corporate taxes at up to 75%, there’s a strong incentive not to start a business here. Or as the French tennis players and actor Gerard Depardieu have done, move to Monaco, Switzerland or Russia. More than a few expat couples told us they wanted to move to Paris but couldn’t figure out a way to make money here. So they ended up in Africa, Germany or England.
This Monday we came home to find a swarm of paparazzi next to our apartment and a fleet of black Peugeots speeding off. Just a typical day in the 8th Arrondissement.
It was the morning after the first round of the French presidential election, and there were motorcades everywhere. Also, it turns out, ex-French president Nicolas Sarkozy’s office is two doors down from us. “I thought that was Carla Bruni who asked me for a light the other day,” joked Murray.