Superlatives are no longer too much to qualify the crisis that France has been undergoing for a month. The stratospheric figures of the amending finance bill (PLFR) for 2020 - the second in a month - that Bruno Le Maire and Gérald Darmanin will present Wednesday, April 15, are enough to be convinced of the violence of the shock that the country is experiencing.
Read also: The coronavirus plunges France into a brutal and unprecedented economic recession
The deficit? It will reach 7.6% of GDP, against 2.2% expected two months ago. It is, at this stage, half a point higher than in 2009 at the height of the financial crisis. Debt? It will soar to 112% of GDP in December, against 98.1% reached at the end of 2019, very far from the 90% threshold in 2022 below which Emmanuel Macron hoped to return just two years ago. Recession? It will be 6%, double the contraction of GDP recorded in 2009 ...
The emergency plan for businesses goes from 45 to 100 billion, with a solidarity fund whose endowment is multiplied by more than three, to 6 billionThe means deployed to limit the impact of the crisis are just as exceptional: the emergency plan for businesses goes from 45 to 100 billion, with a solidarity fund
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