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For all economists, the worst is before us ...

2020-05-21T15:50:06.245Z


ANALYSIS - With the various state aids, companies have been temporarily anaesthetized. Delaying, for a time, the disastrous effects of the Covid-19 crisis.


Even the executive does not go all out when it talks about the future. As early as April, before the deputies, Bruno Le Maire assured him: "You have to be clear about the fact that once the shock has been absorbed" , there is a risk of "multiplication of bankruptcies" d 'companies, ' severe ' impact on employment, and loss of export markets in France. If the proposed recovery plan announced by France and Germany is good news, it will not arrive for several months and will probably not be enough to curb, in the short term, the disastrous effects of the Covid crisis -19.

Read also: Recession: why France dives more than its neighbors

Economists, moreover, confirm this. With various state aid, companies have been anesthetized. It was necessary for their survival but things will get complicated the day the infusion is withdrawn. Some will have capital problems, others debt. For companies in sectors that will take a long time to leave, the situation will be even

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Source: lefigaro

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