The public deficit planned previously to 3

When households consume less and private actors freeze their investments, it remains the public sector to take over. After stealing to rescue banks so that they close the valve of the credit, Nicolas Sarkozy Unveils today, at Douai, a large battery of stimulus in the economy, national plan declination framework the Commission European, who translated the voluntarism of the Elysee Palace to halt the crisis and amortize its social consequences. The public deficit planned previously to 3.1 of GDP, will strongly increase in 2009 but, for the head of State, better act to do nothing, to see the income tax and social collapse. Medium term, the Government will also maintain unchanged its forecast deficit for 2012. The measures presented today, expected to reach 1.3 of GDP (around 25 billion euros), will be accompanied by a detailed financing plan.

Required counterparties

First part of the stimulus, which should alone represent at least 10 billion: the investment and production support. He essentially put very, particularly in projects pour l' pour l' déjà already très quickly starts projets vite the framework of Grenelle of the environment, to prepare for the future and get an immediate effect in 2009. And not when the crisis will be over. Example: the thermal refurbishment of the housing will be accelerated, with rapid benefits for the construction and energy to the key. A renovation of the unhealthy habitat is also planned. Social landlords will be called upon to mobilize their cash. Because if the State will soon spend 175 billion euros of public investment planned over three years, it is much to appeal to its "armed arm": organizations HLM, business public (EDF, GDF, SNCF, RATP, lane navigable from France...), or even local communities. Among the work proposed: maintenance of the rail network (catenary) and renewal of rolling stock, the network EDF, the canal Seine North, etc. Nicolas Sarkozy also wants to relax the legal framework for public procurement (threshold of expenditure requiring a tender noted, inter alia).

Businesses will also benefit from the generosity of the State through payments and refunds accelerated, in particular VAT and corporate tax (in the title, including, the tax credit search), for at least 6 billion. As for banks, the Government will nevertheless require counterparties companies.

Zero rate doped

Notably, this is the case for car manufacturers, who will benefit from a fund investment dedicated (like air), and subsidised loans repayable advances, but that will have to make commitments on employment and the location of their production. In addition to this component, the sector will host with relief the recovery of the premium case-sensitive (300 euros today for vehicles in addition to 15 years, 1,000 euros in the future for those 10 years) to sell stocks become significant.

Another sector preferred: the building and housing. The loan rate zero (PTZ) will be doped to purchase nine real estate, the idea being, for a good standard (200,000 euros), to allow a household finance 20 of its purchase rather than 10 today, including within the amount of the PTZ. The devices Robien Borloo for rental investment will be revived.

Households, in anticipation of the implementation of the revenue of active solidarity (RSA) on July 1, modest households, and especially the working poor, will receive a bonus of 200 euros ("Les Echos" from December 2) and the pensions of widows and widowers will be increased faster than expected (read below).

Nicolas Sarkozy could also clarify its project of an accelerated payment of the tax credit for individual employers, on which Board Bercy: to avoid the lag of a year, are the banks who would advance to the taxpayer, the State then reimbursing them on the model of the zero rate loan. In view of the State of public finances, all the levers to inject money into the economy without sustainable costs are welcome.