The Mayor: Review of aid to businesses without compromising the activity

PARIS (Reuters) – The decline in aid to undertakings does not include any measure that adversely affect the activity and employment, said Monday the minister of Economy and Finance Bruno Le Maire.

His counterpart in charge of public Accounts, Gérald Darmanin, had indicated last month that Bercy was working on a reduction of aid to enterprises of up to five billion euros.

“We are currently in the examination phase of these aid to undertakings”, said Bruno Le Maire, “and I am not proposing to the Prime minister and the president of the Republic, any decision that could undermine the economic activity of our country, or threaten jobs”.

The minister, who was speaking in front of the movement business Ethic, has ruled out returning to the lower taxes on the companies programmed on the duration of the quinquennium, or even on the expensive research tax credit, judging it to be “essential” to preserve this kind of tools.

(Yann Le Guernigou, edited by Sophie Louet)