EconomyWhat measures are planned to support the economy?

What measures are planned to support the economy?

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Reconfinement: What measures are planned to support the economy?
  • The re-containment will lead to the administrative closure of many companies.
  • The state will largely fund recourse to partial unemployment.
  • The estimated cost of the additional measures is estimated at 20 billion euros.

It is the return of “whatever the cost”. With the reconfinement announced Wednesday evening by Emmanuel Macron, a whole part of the economy will once again come to a standstill.

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All “non-essential” businesses – such as bars, restaurants, cinemas – will have to close until further notice. To help them, the government will take or extend a whole series of measures for a total of 20 billion euros, which will be added to the heavy bill of Covid-19. “Doing nothing would have an even greater economic, financial and above all human cost,” Prime Minister Jean Castex explained to the deputies.

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