Unsurprisingly, the evaluation committee of France Relance, which submitted its report to the Prime Minister on Tuesday, gives a positive assessment of this vast program, of 100 billion euros, announced a little over a year ago. .
It must be recognized, in fact, that in terms of employment and activity, the results are there - even if it would of course be reductive to attribute the economic rebound exclusively to the billions of the State.
“The objective of returning to the 2019 activity level before summer 2022 is on the way to being reached this year”, we
insist in Matignon.
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Recovery plan: does France gain by getting into debt via the European Union?
In terms of amount, the French plan, which represents 4.1 points of GDP, is
"in the average for European plans",
according to economist Benoît Cœuré, who chairs the evaluation committee.
On this point, the Italian program stands out, with an envelope equivalent to 12 points of GDP.
The French copy stands out for its orientation more focused on the offer, beyond the themes common to all European plans: innovation, ecological transition, social cohesion ...
"We had identified that the structural flaws in the productive fabric are were on the supply side while purchasing power issues had already been taken care of by emergency measures, ”said
the entourage of the Minister of Finance.
In terms of taxation, France, which stood out before the crisis by a high level of production taxes, is the only country to include in its plan a reduction in these levies
(10 billion euros per year, editor's note)
" ,
further details the committee report.
Spain, for its part, has chosen to focus on the energy renovation of buildings: 11% of its plan against 6.7% in France.
The committee still gives Paris a satisfecit on the delicate aspect of the execution.
“France and Germany stand out for their speed of disbursement;
Italy is good last, with a very important plan but for which the majority of disbursements have been postponed beyond 2023 ”,
indicates Benoît Cœuré.
