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The government strengthens its emergency plan and now endows it with 100 billion euros

2020-04-09T18:06:48.488Z


Bercy is now counting on a 6% recession for 2020, a debt at 112% of GDP and a public deficit at 7.6%.


The infernal spiral is launched. Faced with the coronavirus crisis which is driving France - and the world - into a recession of unprecedented violence every day, the government is drawing a financial bazooka in an attempt to save the French economy.

The 45 billion euro emergency plan will increase to 100 billion. And in this context, budgetary spending will triple to more than 35 billion, announced the Minister of the Economy, Bruno Le Maire, and his counterpart in Action and Public Accounts, Gérald Darmanin, in an interview with Les Échos Thursday . "These figures may still change because the economic situation and the need for support from companies are changing rapidly," they warn, faced with this crisis, the scale of which is much worse than that of 2008. A second amending finance bill ( PLFR) for 2020 will be presented to the Council of Ministers on Wednesday, April 15, to be debated immediately in Parliament.

Read also: Coronavirus: "The worst crisis since the Great Depression" of 1929, announces the IMF

In its first PLFR adopted

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Source: lefigaro

All news articles on 2020-04-09

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