In an interview with Figaro , the head of government presented thehe outline of the French 100 billion euro recovery plan, officially presented on Thursday, intended to deal with the consequences of the coronavirus epidemic, including an 11% recession expected this year.
This includes in particular 20 billion in production tax cuts paid by companies, or 10 billion in 2021 and 10 more in 2022.
This is a major measure, in particular to protect our industry
, justified Jean Castex who sees it as a means of improving competitiveness.
This plan does not just heal the wounds of the crisis. He prepares the future
, praised Mr. Castex to the Figaro, considering that the envelope was up to the exceptional situation we are going through
.
The Prime Minister recalled having retained three priorities
, dont “The greening of our economy”
which will benefit from 30 billion euros.
“Make France more competitive and more sovereign”
This will apply to the thermal renovation of buildings, to investments in infrastructure and in green mobility, to the development of green technologies, to the hydrogen strategy.
, he argued.
Some 35 billion euros will also be devoted to make France more competitive and more sovereign
. In addition to tax cuts, the plan contains provisions for strengthening the equity capital of companies, in particular mid-size companies, which innovate and export
.
Finally, 35 billion euros will be dedicated to social and territorial cohesion
. This includes the approximately 6 billion euros released for the hospital as part of the Ségur de la Santé, the 6.5 billion euros of youth plan
unveiled in July and which contains in particular hiring bonuses or the extension of the long-term partial activity scheme which should make it possible over the next few months to train employees while preserving their jobs
.
The Prime Minister also announced that the poverty plan would be boosted by 200 million euros additional in support of associations fighting against exclusion
.
Jean Castex finally guaranteed that no tax increase was on the agenda. This is the mistake that was made during the last crisis (in 2008, editor’s note) and we will not repeat it
, he assured.
“Everyone plays the game”
The Prime Minister finally urged that everyone plays the game
recovery, in particular companies that must commit strongly for employment.
We invest heavily to support businesses, but we expect them to make a strong commitment to employment, especially young people
, the Prime Minister said on a daily basis.
The plan will only take full effect if everyone plays along.
, a insisté M. Castex. The boss of the CFDT Laurent Berger had called Monday in a forum in the World to establish a conditionality
public aid to companies, which must move their behavior.
– .
