Resilience plan: fuel, partial unemployment, loans… what solutions for the Government?

Resilience plan fuel partial unemployment loans what solutions for the

RESILIENCE PLAN. The resilience plan should be announced this Wednesday by Jean Castex in order to support individuals and professionals in a very targeted way.

[Mis à jour le 14 mars 2022 à 15h50] No more “whatever the cost”, place for targeted aid. The Government should present its economic resilience plan this Wednesday through Prime Minister Jean Castex. The goal? “identify the most exposed companies. There are industries that are called intensive gass, that is to say that gas consumption is preponderant in their activity” ensured Olivier Dussopt, Minister in charge of Public Accounts on Friday 11 March. The latter also insisted on the ability of the government to convene Parliament if the economic situation were to seriously deteriorate in the days to come.

The war in Ukraine Has “real effects” on the French economy according to the words of Bruno the Mayor. Invited on the LCI set this Monday, March 14, the Minister of the Economy began to draw the outlines of the famous resilience plan which is expected to be unveiled this week. He notably mentioned the case of large rollers: “We are working on an emergency device more targeted at large riders who are particularly penalized by the rise in prices.“In summary, the resilience plan should only concern around a hundred extremely targeted companies, the most weakened by the crisis following the clashes in Ukraine. Partial unemployment could make a comeback for companies dealing with Russia. Again, the device would not be long-term as was the case during the Covid crisis, but much more targeted. Finally, public loans could also be announced on Wednesday.

the economic resilience plan is a device that will be presented by Jean Castex next week, aimed at helping companies and individuals most affected by the consequences of the war in Ukraine on the economy and the social sphere in France.

This economic resilience plan should be very target and sectorized, to support those most affected by the conflict in Ukraine. In particular by acting quickly on the gasoline prices which makes the daily life of millions of French people very complicated. Since the beginning of the month, the liter of diesel has increased on average by 52 cents to reach more than 2 euros per literon average in France.

The economic resilience plan mentioned for several days by the members of government should concern the individuals and the companies with some complementary measures which will be taken on the fuel price. Work on the mileage allowance is notably on the table and should be refined.

Some professions very affected by this increase in fuel like the roadthe liberal nursesthe home helpthe taxi or even the school carriers are also on the front line and should receive targeted support from the executive. For the companies most dependent on gas, described as “gas-intensive” by Olivier Dussoptthe economic resilience plan could also play a key role.

After setting up an inflation bonus of 100 euros for 38 million French people, a new fuel check is in the small papers and could make its appearance as early as next week, during the speech of John Castex as part of the implementation of the economic resilience plan. A new aid that would compensate for the rise in prices at the pump. The liter of diesel exceeds this Friday, March 11, on average, the €2.25 in France.

Surge in wheat prices, rise in sunflower oil prices, explosion in gas prices and increase in the barrel of Brent oil… The war in Ukraine has upset the prices of raw materials in Europe. Supply, for its part, becomes just as unstable and delicate for France. Therefore, the economic resilience plan is eagerly awaited by all of these sectors, and French households who are suffering from the general increase in prices. The government could also act on the extension of state guaranteed loans (PGE).

Even if the Government has still not mentioned it, the use of partial unemployment could make a comeback. In any case, this is what employers are asking for, particularly in energy-consuming companies. Once again, the device of the economic resilience plan will be very targeted, far from what it has cost Emmanuel Macron dearly since the Covid crisis. Only the hardest hit companies could be affected.

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