BIG START The French president wants to do everything to avoid the relocation outside Europe of large companies
Emmanuel Macron receives major European leaders to convince them not to relocate in this context of energy crisis. — JONATHAN NACKSTRAND AFP
Emmanuel Macron will try to be convincing. The Head of State must receive this Monday evening at dinner of major European industrialists 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 is receiving 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.
Read Also
- Toulouse: He takes the bus to Paris with 15,000 euros worth of smuggled cigarettes Nov 22, 2022
- The Spanish stock market gives ground but is heading for its fourth consecutive month on the rise May 31, 2021
- What’s driving the boom in auto refinancing Aug 25, 2021
- Blow to Vladimir Putin: they blocked the financial engineering that helped him evade sanctions from Cyprus Jun 4, 2022
- The Nasdaq 100 has an important resistance in the bearish gap of 13,800 points May 30, 2021
- Europe says no to exception rule for Italian supercars Sep 7, 2021
- Ten years of transfer market: how much do agents cost! And in Italy … Aug 30, 2021
The executive, which has made reindustrialization one of its economic priorities, indeed fears that energy inflation could push certain companies to withdraw. to think about; make their future investments outside Europe.
Being convincing in the face of the United States
Emmanuel Macron is concerned about the effects of the massive investment plan in the United States. United enacted this summer by President Joe Biden to combat climate change in particular.
This “ Inflation Reduction Act” is accused by some Europeans, and in particular France, to cause a distortion of competition with its tax credit for the purchase of an electric car built in an American factory with a battery manufactured locally.
With this in mind, Emmanuel Macron had already proposed at the beginning of November, industrialists who emit the most CO2 in France to double public aid to support their decarbonization, at the beginning of November. provided that they also redouble their efforts in this area.