French MPs to become interns for a week to boost experience

Diane Collins and Jordan Hollender | Digital Vision | Getty Images

French members of Parliament (MPs) are being encouraged to go on work placements in an effort to boost their understanding of the business world.

The initiative, launched by business think tank Entreprise et Progrès, will see participating MPs complete a one-week managerial internship at one of the 120 businesses in its network.

It hopes that giving MPs a better understanding of how private sector businesses operate would make them more informed when it comes to legislating on economic issues.

Read More France: Is the honeymoon already over for new PM?

The scheme comes amid concerns about the level of some MPs' knowledge of the private sector, given that the vast majority of French parliamentarians started their career as public servants, according to a report by academic think tank En Temps Reel.

The report, published in December 2013, also found that around 90 percent of French MPs hold several political offices and therefore do not have a job outside politics – although France's President Francois Hollande has pledged to abolish this system.

Denis Terrien, president of Entreprise et Progrès, said the internship scheme was especially important given the current economic climate.

"In a crisis context, in which growth and employment are absolute imperatives, it is crucial that MPs and corporate leaders know each other better, to work together," he said in a statement.

So far, fifteen MPs across all political parties have expressed an interest in undergoing an internship. They could end up working at some of the country's biggest companies, including L'Oreal, Suez Environment, Vinci Construction – and even foreign corporations like Pepsico France, EY, Sanofi and Total.

Read MoreVive la difference! How France and UK tackle M&A

Follow us on Twitter: @CNBCWorld

Contact Europe News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video

  • Greece's ''rocky road': 10-20% chance of Grexit

    When talking about European equities, James Purcell, Cross Asset Strategist at UBS, says that while "Greece is an annoying problem," it can be solved, adding that there's a 10 to 20 percent chance of a "Grexit."

  • Fed hike? Expect volatility in bonds

    How are the bond markets impacted by a possible rate hike from the U.S. Federal Reserve. Darren Ruane, head of fixed interest at Investec Wealth & Investment Limited, believes that future volatility is likely.

  • Hedge funds eye biggest risks

    What are the biggest risks to hedge funds at the moment? CNBC's Karen Tso talks to some corporate hedge fund leaders about what they think are the current risks.