In Brussels
As the Union faces the worst recession in its history, the European recovery plan is eagerly awaited. The European Commission is maneuvering, but France intends to give its opinion. And weigh.
It was only very painfully that the Twenty-Seven gave the green light in late April to create a European recovery fund. The differences have not been resolved, its shape, size or use remain to be negotiated. Since then, the Commission has been working to present a compromise in ten days. And some elements seem to be evolving.
Paris has therefore updated its position "to take account of the avenues explored by the Commission". The 7-page document is discreetly distributed in an attempt to tip the scales, particularly on the funding arrangements. Aligning with the estimates of the Commission on needs ranging from 1000 to 1500 billion euros, Paris maintains the idea of using mutualized debt, to raise 150 to 300 billion per year, until
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