The Minister of Economy and Finance Bruno Le Maire said on Wednesday his “conviction” of a “real powerful economic momentum” in 2025 and 2026.
Your economic situation, and (that) of the country, will continue to improve in the months and years to come, he assured an audience of business leaders at the Go Entrepreneurs Paris trade show.
He particularly cited the drop in interest rates, which will allow business leaders to borrow and invest more easily and the French to consume more.
Everything will give us more economic momentum at the end of 2024, and undoubtedly a real powerful economic boost in 2025 and 2026, he hoped, insisting on his conviction that the months and years future will be positive for French (and) European growth.
The government forecasts growth of only 1% in 2024.
Mr. Le Maire noted the two historic opportunities available to French entrepreneurs with artificial intelligence and climate transition, areas where French entrepreneurs are best placed, notably the European leader in AI, Mistral.
Urging them several times to go for it and take risks, he assured them that everything they asked for in terms of financing would be granted to them, but not subsidies, he insisted, at a time when the government is looking for dozens of billions in savings to cover the public deficit.
I guarantee you fiscal stability – +we will not increase your taxes, it seems important to me when you invest to know that fiscal stability is guaranteed by the Minister of Finance+ -, easier access to bank financing and the implementation of the Capital Markets Union in the coming months to raise the money you need, he promised.
On the Simplification law currently in preparation, the minister reiterated that administrative certificates, Cerfa, numbering 1,800 today, would be eliminated 80% in 2026 and entirely in 2030.
Or that the Commercial Code would be drastically simplified, proposing that it be reduced from 7,000 to 1,000 articles.
He repeated that a test would be set up for each text affecting SMEs, and announced a personalized kit accessible in one click for people wanting to create their business.