40 billion euros in European subsidies for France

Coronavirus: Agreement on the European Union's recovery plan - 20 Minutes

France will be able to have 40 billion euros in subsidies as part of the European recovery plan signed at dawn on Tuesday by the 27 Member States of the European Union, Economy Minister Bruno Le Maire said on Tuesday.

Of the 750 billion euros mobilized at European level, including 390 billion euros in subsidies allocated to the states most affected by the pandemic, "that means 40 billion euros in subsidies for France [...] and above all who are immediately available, ”the minister said on Franceinfo. "Because […] the recovery is now, there is not a moment to lose," he insisted, specifying that this money will help finance the French recovery plan of 100 billion euros. over two years.

20 billion for the ecological transition

This recovery plan, which will be presented in detail at the Council of Ministers meeting on August 24, includes a budget of 40 billion euros for the development of industry and 20 billion for the ecological transition.

European funds will, for example, finance investments in hydrogen, energy renovation of buildings and hospitals, enumerated Bruno Le Maire. "This money will go very directly to the daily life of the French", he defended.

An agreement denounced by the opposition

This European agreement has, however, been criticized by the opposition, on the left and on the right. “A historic agreement perhaps, but what concessions! », Reacted LR MEP Agnès Evren.

European summit: forceps agreement on the recovery plan, ↗️ rebates for frugals, budget cuts on certain programs or even total abolition for the # EU4Health health program ... in the midst of a pandemic! A historic agreement perhaps ... but what concessions! #EUCO

“Macron has just signed the worst agreement for France in the history of the EU! To protect his ego, he sacrifices our future and our independence: European taxes, abandonment of our agriculture, colossal financial commitment of the country ”, tweeted the president of RN Marine Le Pen.

#Macron has just signed the worst deal for France in the history of the EU!

To protect his ego, he sacrifices our future and our independence: European taxes, abandonment of our agriculture, colossal financial commitment of the country ... MLPhttps: //t.co/5Au62KF6bT

#Europe #Macron has given in everything: contribution discounts to stingy countries, spending controls, the reduction in the amount of the recovery plan etc. Berezina. Help propaganda.

“Macron has given in everything: contribution discounts to tight-fisted countries, spending controls, the reduction in the amount of the recovery plan, etc. Berezina. Help propaganda ”, reacted the boss of rebellious Jean-Luc Mélenchon.

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Coronavirus: Agreement on the European Union's recovery plan

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