More than a third of the stimulus package in France will be financed by the funds currently being negotiated between the States of the european Union, said on Thursday the Prime minister.
The recovery plan in France of 100 billion euros will be funded for more than one-third, or 35 billion euros, by funds currently being negotiated between the States of the european Union, stated this on Thursday, Jean Castex, advocating for "amplify this european approach" to tackle the crisis.
This contribution from the EU "is a major difference" with the 2008 crisis, in which "France and the president of the Republic had made a decisive contribution", stressed the Prime minister during his general policy statement to the Senate.
Europe should "regain credibility"
"This european approach we will have to pursue it, the boost in industrial policy" and "environmental policy," said Jean Castex. "Europe must in this case to regain credibility with our citizens", he stressed, calling on the EU to seize the "opportunity" of this crisis.
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Prime minister Jean Castex
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Emmanuel Macron is expected as early as this Thursday evening and until Saturday in Brussels to attend the summit, the extraordinary european council devoted to the recovery plan of € 750 billion and the multi-annual budget 2021-2027. This meeting promises to be tense due to the reluctance of States "frugal" in the face of this recovery plan, composed of $ 250 billion of loans, and especially of grants of up to $ 500 billion, who will not have to be repaid by the beneficiary States.
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