Overview

• Medef president Patrick Martin has called a large entrepreneurs’ meeting for 13 October at Paris’s Accor Arena.
• U2P, which represents about 2.3 million micro and small firms, says it will not attend the gathering.
• U2P president Michel Picon argues that small businesses are not targeted by the proposed Zucman wealth tax.
• Picon criticizes the initiative as defending financial interests over the world of work and urges a fairer sharing of value added.
• AFP reports the event was announced apparently without consulting other employer leaders, and some reports question whether Medef can fill the 12,000-seat venue.