Priority back! The government announced on Saturday that it was postponing to “the first week of September” the presentation - scheduled for Tuesday, August 25 - of its recovery plan of 100 billion euros. "This does not change the content, insists the Ministry of the Economy. This is a purely political decision, which aims to focus on the recovery of students and employees in the context of the Covid. For the rest we are ready, the major arbitrations will not budge. Intended to restart the economic machine, this two-year plan will punctuate the last 24 months of the five-year term. Here is what it will contain.
A very "green" plan
"The ecological transition will be the spearhead," insisted Bruno Le Maire, the Minister of the Economy. 30 billion euros will thus be devoted to ecology: decarbonisation of industry, new technologies, thermal renovation of public buildings, in particular schools and nursing homes, etc. But private homes will not be forgotten. The recent “Ma Prime Rénov '” scheme, set up for low-income households who could not claim the tax credit for the energy transition (CITE), should thus benefit from a serious boost. The premium can be obtained for insulation, ventilation or heating work, ie all work reducing energy losses.
The rail takes on color
The train, hard hit by competition from "low-cost" airlines in recent years, will do well. On the passenger side, credits are provided for "the revival of night trains and small lines", details a close by Bruno Le Maire. Who adds: “We are going to give SNCF the means to invest. "
Side goods, the Prime Minister declined this summer a "plan of reconquest" of the freight which will be integrated in the plan of recovery. This provides for "rail highways" on which freight trains will be exempt from tolls.
Young people and the hospital in the sights
The government plan has a "skills" section (20 billion euros) and another "solidarity" (20 billion euros). The “skills” component aims in particular to absorb the arrival of 750,000 young people in a degraded labor market. In July, the executive presented a plan to 6.5 billion euros over two years - with a flagship measure of aid of 4,000 euros for the hiring of a young person under 26 - included in the 100 billion euros. The “solidarity” component of 6 billion euros will make it possible to invest in the public hospital and will integrate the Ségur health measures.
Infusion of new money for businesses
Once the tricolor economic heart has been revived, SMEs are "the blood system which must irrigate the country of the return of growth", it is hoped in the entourage of Alain Griset, the minister responsible for small and medium-sized enterprises . 40 billion euros will be used to improve the competitiveness of the productive apparatus. Half of which will result in lower production taxes.
In addition, 1 billion euros will be used for the relocation of industrial activities. Sectors in the sights of Bercy: medicines, batteries and traction chains for the electric car.
What funding?
Around 40 billion euros will come from European subsidies. "The remaining 60 billion euros will be borrowed on the markets," says Bercy. "It is good debt in the sense that it is an investment", wants to reassure a senior official. Who hastens to add: "Bad or good, it will be necessary to reimburse!" "
The risk of a tax hike?
No! The executive repeated it all summer. And the money that some households were unable to spend during confinement - the A passbooks recorded historic levels during this period - will not be targeted either. "I want the French to use their savings to participate in the recovery of the economy, but without any constraint," promised Bruno Le Maire.