The measures to revive economic activity in France are beginning to emerge. Christine Lagarde announced on Wednesday that the television channel LCI that a lower VAT in certain sectors such as automobiles was under consideration. "We look at the sectoral VAT cuts possible, she said. This is an issue that was discussed at Franco-German summit (held Monday, ie), to see if the impact is effective and whether the Cost is not totally unreasonable under the desired effect. "
France is planning to raise about 19 billion euros for its relaunch plan, equivalent to 1% of GDP, as discussed at European level, also the minister indicated Tuesday. "We mentioned the figure of 1% of GDP, while in France, that means 19 billion roughly. We'll see if, with our European partners, we can agree on the 1%", a said Minister of Economy on Europe 1. "I know that the president has in mind 1%, perhaps a little more," she added.
Nicolas Sarkozy announced Tuesday that in Valenciennes present a plan for the next ten days. It will be in his "solid enough to cope with the automobile [...], including subcontractors, to strengthen the construction [...]".
Last week in moving in the Loir-et-Cher, the President had indicated that the state would work "in the coming weeks" to a "plan to boost infrastructure and French on the practical concrete development sustainable. "
The plan comes in response to the recent recommendations of the G20 (meeting of major developed and developing countries) from Washington. The European Commission must submit its proposals Wednesday for a plan to revive the economy of the European Union (EU), estimated at 130 billion euros, equivalent to 1% of the wealth of its 27 members, including via preferential loans from the EIB, the European Investment Bank.
In addition, Nicolas Sarkozy confirmed Tuesday the extension of the contracts for professional transition (CTP) - it provides to employees dismissed economic income replacement of 80% of gross salary for 12 months and accompanying measures strengthened - Experienced since 2006 and which affects a thousand people, from 7 to 25 basins jobs particularly affected by the economic crisis. Will be particularly concerned Sandouville (Seine-Maritime), seat of a Renault plant weakened by the collapse of the market for car sales, and the region of Niort (Deux-Sevres), headquarters of distance Camif just go bankrupt.
Prime Minister François Fillon has pushed the nail a little later to the National Assembly. In response to the president of the Socialist group in the National Assembly, Jean-Marc Ayrault, he promised the imminent announcement of "very bold steps" to revive the automotive sector affected by the global crisis, arguing the figure of one million new cars in stock, "a situation virtually never seen."
"We will take measures, including fiscal measures to ensure that the automotive market restarts," said Francois Fillon. The state will also "invest in the automobile industry to be able to produce a second time in the future of vehicles, vehicles of tomorrow, electric hybrids that we will be in a good position in markets international ".
France is planning to raise about 19 billion euros for its relaunch plan, equivalent to 1% of GDP, as discussed at European level, also the minister indicated Tuesday. "We mentioned the figure of 1% of GDP, while in France, that means 19 billion roughly. We'll see if, with our European partners, we can agree on the 1%", a said Minister of Economy on Europe 1. "I know that the president has in mind 1%, perhaps a little more," she added.
Nicolas Sarkozy announced Tuesday that in Valenciennes present a plan for the next ten days. It will be in his "solid enough to cope with the automobile [...], including subcontractors, to strengthen the construction [...]".
Last week in moving in the Loir-et-Cher, the President had indicated that the state would work "in the coming weeks" to a "plan to boost infrastructure and French on the practical concrete development sustainable. "
The plan comes in response to the recent recommendations of the G20 (meeting of major developed and developing countries) from Washington. The European Commission must submit its proposals Wednesday for a plan to revive the economy of the European Union (EU), estimated at 130 billion euros, equivalent to 1% of the wealth of its 27 members, including via preferential loans from the EIB, the European Investment Bank.
In addition, Nicolas Sarkozy confirmed Tuesday the extension of the contracts for professional transition (CTP) - it provides to employees dismissed economic income replacement of 80% of gross salary for 12 months and accompanying measures strengthened - Experienced since 2006 and which affects a thousand people, from 7 to 25 basins jobs particularly affected by the economic crisis. Will be particularly concerned Sandouville (Seine-Maritime), seat of a Renault plant weakened by the collapse of the market for car sales, and the region of Niort (Deux-Sevres), headquarters of distance Camif just go bankrupt.
Prime Minister François Fillon has pushed the nail a little later to the National Assembly. In response to the president of the Socialist group in the National Assembly, Jean-Marc Ayrault, he promised the imminent announcement of "very bold steps" to revive the automotive sector affected by the global crisis, arguing the figure of one million new cars in stock, "a situation virtually never seen."
"We will take measures, including fiscal measures to ensure that the automotive market restarts," said Francois Fillon. The state will also "invest in the automobile industry to be able to produce a second time in the future of vehicles, vehicles of tomorrow, electric hybrids that we will be in a good position in markets international ".
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