Emmanuel Macron will try to be convincing. The Head of State is due to receive major European industrialists for dinner on Monday evening to encourage them to stay in Europe and especially in France in the face of fears of a resurgence of relocations.
According to the presidency, the French head of state receives representatives of the European Round Table for Industry (ERT), which claims among its members some sixty large companies on the continent such as Engie, Orange, Ericsson, Unilever, AstraZeneca, Volvo, BMW, Air Liquide or even Solvay.
The executive, which has made reindustrialization one of its economic priorities, fears that energy inflation could push some companies to think about making their future investments outside Europe.
Be convincing against the United States
Emmanuel Macron is worried about the effects of the massive investment plan in the United States promulgated this summer by President Joe Biden to fight in particular against climate change.
This “Inflation Reduction Act” is accused by some Europeans, and in particular France, of causing a distortion of competition with its tax credit for the purchase of an electric car built in an American factory with a locally manufactured battery. .
With this in mind, Emmanuel Macron had already proposed at the beginning of November to the industrialists who emit the most CO2 in France to double public aid to support their decarbonization, provided that they also redouble their efforts in this area.