The Prime Minister, surrounded by several ministers, is due to present in Paris on Thursday the details of the 100 billion euro recovery plan decided by the government.

The objective is to return to the economic level in 2022 before the health crisis linked to the coronavirus.

But also to see further.

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It's the big day for Jean Castex.

After a postponement of a week to better prepare for the start of the school year, the Prime Minister, surrounded by several members of the government, presents Thursday in Paris the plan supposed to revive the French economy.

With this stimulus plan, the government intends to prepare France for 2030 and go beyond the mere rebound of the economy hard hit by the crisis caused by the coronavirus pandemic, even if its priority remains employment.

In total, 100 billion euros over two years will be injected into the economy, which is expected to contract by 11% this year because of the Covid-19 epidemic and the containment decided in the spring. 

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The government's objective is to return to the pre-crisis activity level in 2022 and to start seeing unemployment drop, when it expects 800,000 job cuts this year.

"I hope that the stimulus plan in 2021 will create 160,000 jobs. This is our goal," the Prime Minister said Thursday morning on RTL.

He is counting on companies to make a strong commitment to employment.

After the 460 billion euros in emergency support mobilized since the start of the crisis, the recovery plan is a medium-term investment plan, around three priorities: ecological transition, business competitiveness and social cohesion, defends Matignon.

The main lines have already been unveiled over the past few days.

Ecological transition

Thirty billion euros will thus be devoted to greening the economy.

An "unprecedented acceleration", welcomes the government, when the NGOs denounce the absence of firm conditions for aid paid to companies.

Transport will benefit in particular from 11 billion euros, including 4.7 billion for the SNCF to finance rail freight, small lines and night trains.

Nearly 7 billion euros will also be allocated to the energy renovation of buildings, a sea snake of ecological policies, including 4 billion for the public park (schools, universities, etc.) and 2 billion dedicated to households.

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Business competitiveness

To reindustrialize the territories, the plan focuses on improving the competitiveness of companies, with 35 billion euros mobilized, including 20 billion to lower production taxes paid by companies, despite the protests of the communities which are the main ones. beneficiaries.

The rest of the envelope will support the equity of companies that have been damaged by the crisis, or will subsidize the relocation of activities and innovation in sectors of the future, such as artificial intelligence or quantum computing.

Social cohesion          

Faced with this debauchery of resources for businesses, the government wants to show that it has not forgotten low-income households and all those threatened with losing or not finding a job.

The challenge is to create a climate of trust, we say to Matignon.

Thus, 35 billion euros are dedicated to social and territorial cohesion, including in particular 15 billion measures in favor of employment, including 6.7 billion already announced this summer for young people or 6.6 billion for the system. partial activity of long duration.

Added to this are the 6 billion euros of investment in the hospital, as well as the revaluation of the back-to-school allowance and aid to communities.