Friday, 21 January, 2022

The recovery plan often considered too complex by traders, artisans and liberal


After rebounding in the third quarter, local businesses are showing great excitement fueled by health measures. More than one in two will not request the measures of the recovery plan, considered too complex and time-consuming.

The U2P barometer shows that more than half of the business leaders questioned affirm that they will not apply for the measures of the government's stimulus plan deemed “too complex and time-consuming”.

Concerned at the highest point by health restrictions, traders, craftsmen and liberal professions raised the bar in the third quarter, limiting the loss of their turnover to 5% over one year, against 28% in the spring. This is what emerges from a Xerfi Specific survey for the Union of local businesses (U2P) published on Monday.

Even with significant variations depending on the sector or region, the improvement has been notable, supported by the cash aid measures undertaken since the containment. But it could be short-lived with the extension of curfews, which is already reflected in the great excitement of business leaders, underlines the employers’ organization which asks the executive to limit the restrictions to what is strictly necessary.

Read also:

Covid: the second wave will cause economic activity to pick up again

Too complex

Will the start of the implementation of the stimulus plan calm concerns? Not sure. The latest version of the U2P barometer among its members shows that more than half of the business leaders questioned affirm that they will not apply for the measures of the plan judged “Too complex and time consuming”. A first step has been taken with the (forthcoming) distribution of an explanatory guide for VSEs / SMEs but which should appeal to others, continues the organization.

Failing to use it en masse, local businesses at least know what they expect from the recovery plan. In the order of priority objectives, they place competitiveness first, through the reduction in production taxes, far ahead of strengthening equity capital or digitization.

Read also:

Stimulus plan: what the majority deputies want as “commitments” from companies

Ecology occupies the second step of the podium with the development of short circuits, the energy renovation of buildings or the decarbonisation of industry. Social cohesion comes in third priority, driven by a strong emphasis on safeguarding employment through partial activity, ahead of assistance to employers or the revitalization of town centers.

Read also:

DOSSIER SPECIAL

Stimulus plan: what you need to know

After rebounding in the third quarter, local businesses are showing great excitement fueled by health measures. More than one in two will not request the measures of the recovery plan, considered too complex and time-consuming.

The U2P barometer shows that more than half of the business leaders questioned affirm that they will not apply for the measures of the government's stimulus plan deemed “too complex and time-consuming”.

Concerned at the highest point by health restrictions, traders, craftsmen and liberal professions raised the bar in the third quarter, limiting the loss of their turnover to 5% over one year, against 28% in the spring. This is what emerges from a Xerfi Specific survey for the Union of local businesses (U2P) published on Monday.

Even with significant variations depending on the sector or region, the improvement has been notable, supported by the cash aid measures undertaken since the containment. But it could be short-lived with the extension of curfews, which is already reflected in the great excitement of business leaders, underlines the employers’ organization which asks the executive to limit the restrictions to what is strictly necessary.

Read also:

Covid: the second wave will cause economic activity to pick up again

Too complex

Will the start of the implementation of the stimulus plan calm concerns? Not sure. The latest version of the U2P barometer among its members shows that more than half of the business leaders questioned affirm that they will not apply for the measures of the plan judged “Too complex and time consuming”. A first step has been taken with the (forthcoming) distribution of an explanatory guide for VSEs / SMEs but which should appeal to others, continues the organization.

Failing to use it en masse, local businesses at least know what they expect from the recovery plan. In the order of priority objectives, they place competitiveness first, through the reduction in production taxes, far ahead of strengthening equity capital or digitization.

Read also:

Stimulus plan: what the majority deputies want as “commitments” from companies

Ecology occupies the second step of the podium with the development of short circuits, the energy renovation of buildings or the decarbonisation of industry. Social cohesion comes in third priority, driven by a strong emphasis on safeguarding employment through partial activity, ahead of assistance to employers or the revitalization of town centers.

Read also:

DOSSIER SPECIAL

Stimulus plan: what you need to know