Augustin de Romanet, CEO of ADP, is President of Paris Europlace, the organization promoting the financial center of Paris.
LE FIGARO.
- The annual Paris Europlace forum opens this Wednesday in the midst of a health and economic crisis.
What are the main challenges for the place of Paris?
Augustin DE ROMANET.
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In 2008, finance was at the origin of the crisis, in 2020, it is part of the solutions.
In Europe, banks granted 300 billion loans and companies raised 370 billion euros on the financial markets, an increase of 45% compared to 2019. In France, 630,000 companies benefited from 120 billion euros of loans guaranteed by the State (PGE) and insurers provided more than 2.5 billion euros, notably in the form of investments in unlisted companies.
In addition, we have always considered Brexit as a tragedy for Europe, however the 27 members of the European Union were able to launch a recovery plan of 750
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