The head of its top union (Medef) said that the programme of the alliance of left parties, which won most seats in the July parliamentary elections, is a danger to the economy. In an interview with the French newspaper Les Echos, employers’ leader Patrick Martin (Patric Martin) added that since French President Emmanuel Macron broke up parliament in June, investment decisions, and hiring have been postponed and raising capital in venture capital has been discontinued. The implementation of the programme of the left alliance known as the New People’s Front “would be fatal to the French economy and would bring about our decline,” Martin said. A complex split in the French National Assembly has created the conditions for unprecedented negotiation, in order to try to form a lasting coalition that could govern the country. While the New People’s Front – which includes Socialists, Greens and far-left Unsubordinated France – has more MPs than Macron’s party or the far-right National Alarm, it is far from the absolute majority.