RESILIENCE PLAN. The day has come, Jean Castex will present this Wednesday, March 16 the economic resilience plan to support French individuals and businesses in the face of the consequences of the war in Ukraine.
[Mis à jour le 16 mars 2022 à 11h53] After two weeks of negotiations, the economic resilience plan will be unveiled this Wednesday March 16 by Jean Castex during a press conference. The explosion in the price of energy and raw materials has taken professionals and individuals by surprise in their everyday lives. Travel is becoming tricky due to fuel prices, and many gas-dependent businesses are bearing the brunt of the soaring price of the megawatt hour. Some referred to as “intensive gas” by the Minister in charge of Public Accounts Olivier Dussopt should be the target of the aid announced this afternoon. Boosts that will be sectorized assures Jean Castex, far from “no matter what“dear to Emmanuel Macron since the Covid crisis.
fishermen, road, farmers, breeders, home help, liberal nurses… These are professions that have no choice but to suffer from soaring energy prices. Whether it’s the price of fuel, or the price of gas. Targeted aid for these professions is expected today. The Government could also have recourse to the Partial unemployment, based on a model that is surely very different from what households experienced during the Covid crisis. Response at the Prime Minister’s press conference, this Wednesday at 4 p.m..
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.
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.