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The French State at the bedside of the national economy

2020-03-17T19:52:46.192Z


Solidarity plan, bank guarantee funds, deferral of charges and taxes… The government is increasing financial measures to help businesses and employees in difficulty.


In addition to a health war, France faces an “economic and financial war” , according to the Minister of Economy and Finance. "It will be long and violent and will have to mobilize all our forces," he insists . In any event, the recession is no longer avoidable. Bruno Le Maire even officially expects a 1% drop in GDP for this year. And still, this estimate is "provisional" , he warned, estimating that it will depend "on the evolution of the epidemic in the coming weeks and on our capacity to overcome this crisis" .

In any case, this figure is included in the amending finance bill presented by Bruno Le Maire and Gérald Darmanin, this Wednesday morning, in the Council of Ministers. A text that will also set to music the "exceptional device" for companies and employees, confirmed Monday evening by Emmanuel Macron. After a visit to the Assembly on Thursday and then to the Senate on Friday, the idea is that it will be adopted at the weekend.

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Source: lefigaro

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