The French resilience plan will be “very sectorized” for companies, warns Jean Castex

There will be help, but not the same for everyone. Jean Castex gave some details this Thursday on the “resilience plan”, which will be released “next week” to deal with the economic and social consequences of the war in Ukraine. The Prime Minister assured that there would be no general measures for all companies, but rather “sectoralized”.

“We are going to have impacted sectors that will have to be strongly helped”, he justified on the sidelines of a visit to Saint-Quentin (Aisne), in the company Lamory & Wald specializing in precision machining. . Thus “all companies that have contracts with Russia, whose supplies depend on raw materials manufactured or coming from Russia, aluminum, titanium… the more they are exposed, the higher the compensation will be”, promised the Prime Minister.

“Additional measures on gasoline”

As already announced by Emmanuel Macron, Jean Castex confirmed that “additional measures” were going to be taken in the face of soaring fuel prices, which are straining consumer budgets. On this point, the government was looking for the right solution, after having already allocated in recent months an inflation allowance of 100 euros for 38 million people, and raised the scale of mileage allowances.

In total, Jean Castex recalled that the State had committed “20 billion” euros to try to stem the effects of inflation, mainly driven by the continuous increase in energy prices. The resilience plan should be refined taking into account the outcome of the informal European summit, which is being held on Thursday and Friday in Versailles and during which a community response is also expected.

source site