"The debt will reach 112% of our national wealth," said Bruno Le Maire. Invited to the morning of Europe 1 Friday, the Minister of Economy and Finance spoke about the explosion that could know the debt of France in the grip of the coronavirus crisis.
>> LIVE - Coronavirus: follow the evolution of the situation Friday April 10
"Against the crisis, we chose debt, the only responsible choice," he said, intending to fight against the bankruptcy of companies in France, damaged by the shutdown of a large part of the economy. "What we are doing is debt financing, it is a responsible and necessary choice which will avoid a social and economic catastrophe in France but it can only be a temporary choice", he said. he however nuanced, adding: "We must as soon as possible and as soon as the economy will restart, reduce this debt".
Bruno Le Maire thus calls on the French to make efforts once the time for confinement is over. "The first effort will be to get back to work, everyone," he said. With regard to businesses, the Minister of Economy and Finance invites entrepreneurs to "invest and set an example".
CORONAVIRUS ESSENTIALS
> How long are healthy carriers contagious?
> What are the side effects of chloroquine?
> Adulterated tests, false calls for donations ...: watch out for scams linked to the coronavirus
> Reading, board games ... How to stimulate your brain during confinement?
> How to avoid gaining pounds during confinement?
More information to follow ...