Macron salutes the most important moment since the creation of the euro - The Point

On Twitter, Emmanuel Macron had already celebrated this Tuesday, 22 July, a "historic day for Europe". Invited to the journal of 20 hours of TF1, the head of

Macron salutes the most important moment since the creation of the euro - The Point

On Twitter, Emmanuel Macron had already celebrated this Tuesday, 22 July, a "historic day for Europe". Invited to the journal of 20 hours of TF1, the head of State insisted, stressing that the agreement reached on the recovery plan is for the european Union was "the most important moment since the creation of the euro". This agreement in the amount of 750 billion euros is the result of a "work of three years between France and Germany", he added.

"I want our fellow citizens understand the importance of what happened during these four days and four nights," insisted the head of State. "This is the project on which the French had confidence in me, that I presented in September 2017 at The Sorbonne. We fought (...) This is the most important moment in the life of our Europe since the creation of the euro, entered into circulation on 1 January 2002. Emmanuel Macron has confirmed that France was going to touch 40 billion euros from the eu recovery plan" and "it will be the 3rd recipient in Europe, after Italy and Spain. This corresponds to 40% of the expenses" of the recovery plan, the French estimated to be 100 billion, which means that this money will come from Europe on our budget without us having to fund it, or our own debt by our taxes", he detailed.

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"to Finance the employment of young people"

The stimulus plan in French, which will be presented on the 24th of August, will be used to "finance the employment of young people", "our small and medium-sized enterprises, our artisans, our traders", "the tourism but also to the thermal renovation of buildings", "the hydrogen, batteries, electrical... anything that will allow us to create employment", he enumerated. The head of State said that "this is not the French taxpayer" who "will pay for" the stimulus, "because we are committed to creating new own resources".

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It is, he explained, of "power, at european level, to raise a tax on large companies and the international players who do not play the game of our policies". The charge on the plastic, "the first own resource," he wished that adds "a fee numeric for the major international players of the digital who today do not pay taxes". The second track is the installation of a "mechanism of carbon to the borders," he added, citing the example of imported steel in Europe. "When we import steel which comes from the end of the world, which is made in conditions that are far less virtuous (in Europe), it is necessary to be able to put at our borders, a tax that prevents unfair competition" of "this steel, which would come from India, China or elsewhere". "The european tax is that we will build together will help to pay down this debt that we make," said Emmanuel Macron.

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Updated Date: 21 July 2020, 15:33

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