Econostrum | Economic News in the Mediterranean

France confined until December 1, 2020

Written by Frédéric Dubessy on Thursday, October 29th 2020 à 17:40 | Read 419 times

France confined until December 1, 2020
FRANCE. Emmanuel Macron announced to the French, on the evening of Wednesday 28 October 2020, what everyone feared as the Covid-19 pandemic continued to progress with 36,437 new cases and 244 deaths in 24 hours. France will thus recognize the containment, as it did last spring. The President of the Republic nevertheless indicated that it would be more flexible than the previous one. Crèches, schools and high schools will remain open. So will public service counters, factories and farms. On the other hand, only a few shops, considered essential and stipulated on a list, which will be detailed on the evening of Thursday 29 October 2020 by the government, will be able to continue their activity. Restaurants and bars will close.

In companies, teleworking is widely advocated. "In the current context of the epidemic, even if one is protected in the company, there is travel, there is what one does on the fringes of teleworking, and therefore we must go as far as possible on teleworking for jobs that allow it", indicated Elisabeth Borne, Minister of Labour, on Thursday 29 October 2020 on France Info.

The French are going to have to go back to the famous attestation. It is going to become compulsory to justify any authorised outing, i.e.: shopping, going to the doctor or doing sport close to home. Similarly, the procedure for short-time working will be maintained. The level of compensation for employees, which was supposed to be lowered as of 1 November 2020, is finally extended until 31 December 2020 with 84% of net salary and a remaining 15% to be paid by companies.

"Considerable economic and human damage"

These new measures will come into force on Thursday 29 October 2020 at midnight, and therefore at 9 p.m. for cities already under curfew. And could last until 1 December 2020. "If in a fortnight's time we have a better grasp of the situation, we can hope to reopen some shops. Our objective is to go from 40,000 contaminations per day to 5,000 and slow down the rate of hospital and intensive care unit admissions," says Emmanuel Macron.

Geoffroy Roux de Bézieux reacted quickly, from the evening of Wednesday 28th October 2020, to the intervention of the President of the Republic, considering that the new confinement would "cause considerable economic and human damage". According to the president of the Medef, it "will cost between 50 and 75 billions € of Gross Domestic Product". In an interview with Le Parisien, the bosses' boss asserts that "there is a very strong feeling of injustice among entrepreneurs: contamination takes place in the private sphere and it is the companies, and therefore the employees, who are penalised". According to him, "there will be a lot of bankruptcies, especially among the 330,000 companies in the commerce sector that do most of their business between 1 November and 15 December".

Emmanuel Macron emphasised that the State will continue to provide massive aid to small businesses impacted with the assumption of up to 10,000 € per month of their losses in turnover. As well as cash-flow measures for charges and rents. "A special plan will be announced for the self-employed, shopkeepers and very small and medium-sized businesses," he says.

Geoffroy Roux de Bézieux pleads that "all the sectors closed from Thursday evening should have the possibility, which has not been done seriously until now, to discuss to be able to reopen. Let's find solutions to reopen the shops within a fortnight. On this point, the Prime Minister did not hear us. The scientific council does not say that the contaminations are taking place in shops, quite the contrary. Masks are worn, customers wash their hands when entering and leaving the store."

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