How far can the French policy of "whatever the cost" go?

Audio 19:30

Emmanuel Macron's televised address on March 31, 2021. REUTERS - STEPHANE MAHE

By: Romain Auzouy

21 mins

The new turn of the sanitary screw decided, on March 31, 2021, by the government also leads to an increase in aid to companies which goes from 7.5 billion euros per month to 11 billion euros.

The "whatever it costs", this expression pronounced by Emmanuel Macron, in March 2020, to reassure the country has been established as an indisputable achievement for a year.

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But can this policy last much longer?

And at what cost?

With our guest

Mathieu Plane

, economist, deputy director of the Analysis and Forecasting Department of the French Observatory of Economic Conjunctures (OFCE). 

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