The president of Medef, Geoffroy Roux de Bézieux, estimated on Monday that a total reconfinement would not only cause a “
10% recession
” in 2020 but “
a collapse of the French economy
”.
Read also: The curfew, an additional sledgehammer for taxi and VTC drivers
Asked by radio RMC, he explained that the economy was doing well in March during the first containment, so "
companies have withstood the shock
".
"
But there the organizations are weakened,
" he said.
"
If we completely reconfigure as in March, we are heading towards a collapse of the French economy, we risk not recovering from it
", he insisted, before qualifying: "
the markets have a rebound capacity incredible, but we're going to go into something very, very hard
”.
After the establishment of a curfew affecting two-thirds of the French, requests from doctors and elected officials multiply to re-define, more or less strictly, the territory. For Geoffroy Roux de Bézieux, l he idea that the situation will get worse is very much in the minds of households, who have already reduced their consumption.
Read also: Curfew: a puzzle for public transport
He also calls out to the fact that companies are already "
very indebted
": "
If we reconfine in a generalized way, entrepreneurs of VSEs and SMEs will not use an EMP again
", the loans guaranteed by the State put in place. place to support the cash flow of companies in difficulty.
"
There are several very difficult months to go through, but we must hold on, finding a balance between economy and health,
" concluded the President of Medef, convinced that this balance must allow us to continue working.
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