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We need Frexit! Emmanuel Macron rival warns ‘France sinking into misery’
October 12, 2020
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Florian Philippot, founder of the hardline Eurosceptic party, The Patriots, has insisted France needs to leave the EU “more than ever” in order to take back control of its own destiny. The pandemic has plunged more than a million people on the brink of poverty in France with unemployment soaring to record levels.
In a post on Twitter, Mr Philippot said: “A large part of France sinks into misery.
“More than ever a public safety program, the basis of which is the taking back of our sovereignty in all fields, is needed.
“Frexit, nationalisation of banks, rise in wages and pensions.”
The French Government has invested more than £400billion in support schemes to help the economy since the start of the crisis.
The EU member state has also benefitted from £36billion in funding from the bloc’s coronavirus rescue package.
Despite, the financial intervention, the National Institute of Statistics and Economic Studies forecasts unemployment to rise to 9.5 percent at the end of the year.
The first three months of the year saw a net loss of 492,200 jobs across the country.
The Bank of France warned unemployment could rise further and above one-in-ten people by the middle of next year.
It says: “After being cushioned by the partial unemployment scheme, the deterioration of the labour market would be delayed, but the unemployment rate could peak above 11.5 percent in mid-2021.”
Leading credit insurer Euler Hermes predicts that 62,000 companies will also close in 2021 – an increase of 32 percent compared to 2020.
Secours Populaire Français, or French Popular Relief charity – a poverty organisation – highlighted the damning effect the coronavirus lockdown had on people.
The charity says 1.27 million requested help during the two months of lockdown beginning in March and compared the situation to World War Two.
The charity added 45 percent of individuals who asked for help had previously been unknown to the organisation.
Henriette Steinberg, secretary-general of the association, said: “Many had never asked for help from anyone.
“And there, not only do they no longer have enough to eat, but they can no longer pay their rent or electricity.
“We have never been in a situation like this since World War Two, and it is urgent.”
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Last month the French Government announced a further £90billion (€100billion) in addition to the £424billion (€470billion) in public spending and loan guarantees.
The spending will see £32billion pumped into the economy to make it more competitive, £27billion on green energy projects and a further £5billion on making public buildings and homes more efficient.
In addition, Mr Macron’s Government confirmed its jobs package – which pays employees up to 84 percent of their salaries – will continue until next summer.
French Prime Minister Jean Castex said the new stimulus plan is expected to create 160,000 new jobs.