L'Oréal's head wants weaker euro and a lower tax rate

Jean Paul Agon boss of L'Oréal, the world's largest cosmetics group critically commented the French government's fiscal plans in an interview in Handelsblatt. Jean Paul Agon stated:. “If the government goes too far, it will discourage investors from investing in France.”

Jean Paul Agon wants a weaker euro. “A lower conversion course would be a more simple way to start increase” – he emphasized. If the rest of the world uses the exchange rate as a weapon, Europe will be at risk if Europe will not deploy the exchange rate”- the head of L'Oréal told  Handelsblatt (Handelsblatt, Világgazdaság Online)