An agreement between the countries of the European Union should be finalized this Thursday on the joint recovery plan, to the tune of 750 billion euros, to deal with the economic consequences of Covid-19.

Good news for the French plan "France Relance", of which part of the funds depend on European credits. 

Europe is facing up to the Covid-19.

The European recovery plan, worth 750 billion euros, should see the light of day, to fight against the economic consequences of the health crisis.

An agreement should be finalized this Thursday within the European Union, three weeks after the veto of the Hungarians and Poles, who refused the conditionality of payment of funds to respect the rule of law.

For the French recovery plan, this is good news: 100 billion euros have been put on the table, supplemented, in part, by European funds.

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To "find in 2022" the economic level before the health crisis and "prepare France for 2030", the government announced the creation of the "France Relance" plan, costed at 100 billion euros, which includes 70 measures around three axes: ecological transition, business competitiveness and social and territorial cohesion.

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Four billion euros should be used for the energy renovation of public buildings, the files are being selected, nearly 3 billion euros to support the automobile or aeronautics or nearly 3 billion euros invested to develop learning.

A check for 40 billion for France

Of these 100 billion, a large part is financed by European funds.

France expects a check for 40 billion euros, precisely.

In Paris, for example, negotiations with Poland and Hungary were being followed very closely.

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To obtain this windfall, it will be necessary to prove that the funding will be allocated to future expenses.

The European Commission has already been informed informally and the plan will be officially presented in January.

If all goes well, the 40 billion euros granted under the European stimulus plan should arrive around next summer.