On Europe 1, Friday morning, Bruno Le Maire made a series of announcements on the adaptation of the French economy to the extraordinary context of the coronavirus. But the Minister of the Economy also made requests to the French in this crisis, with a triptych "work, investment and exemplarity". What are we talking about exactly?
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Returning to work means that the French will naturally have to return to their posts. Without being said as is by the Minister of the Economy, it also surely means that they will, for example, have to adapt their holidays this summer to recover lost time, and produce what will have to be produced.
Bruno Le Maire also and above all addresses businesses asking for investment in the face of the economic downturn. We know that in times of crisis, when companies lack visibility, they stop buying machines or wait to renew their car fleet. The Minister is very clear: he calls on them to invest as soon as the crisis comes out to move forward.
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"Exemplarity" is also a request made to companies. Bercy is very clear: dividends must be cut to keep money precisely to invest and leave, to support employees in difficulty in this crisis. It remains to be seen whether these efforts will suffice. It is doubtful, because the crisis is historic and the recovery still very uncertain. According to government forecasts, French GDP is expected to fall by 6% in 2020.