The Minister of the Economy Bruno Le Maire, during a press conference on October 15, 2020 in Paris.

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Jacques Witt / SIPA

A lesser evil for the economy of France?

Aid to compensate for the economic losses linked to the curfews introduced on Saturday to stem the resumption of the coronavirus epidemic will cost one billion euros but a re-containment would have cost up to 20 times more, estimated on Friday the Minister of Economy Bruno Le Maire.

The cost of the measures to support the economy announced Thursday amounted to "one billion euros for the duration of the curfew", confirmed the tenant of Bercy on BFMTV / RMC.

Reconfinement of certain areas would cost 5 billion

In comparison, "if we carried out a real re-containment in the areas where the virus is actively circulating - and only in these areas - the cost would be five billion euros", according to the minister.

And "if we had a general reconfinement, the cost would be, depending on the reaction of the economic world, from 15 to 20 billion euros per month", he calculated.

He added that he would prefer "that we take strong, rapid, circumscribed, immediate measures and that we strongly support the sectors which are the most concerned rather than being in this situation of general containment which would be unbearable psychologically, socially and for finances public ”.

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  • Economy

  • Confinement

  • Bruno the Mayor

  • Coronavirus

  • Covid 19

  • Curfew