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France must seek greater economic independence after virus, says Macron

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President Emmanuel Macron said on Sunday he was accelerating France’s exit from its coronavirus lockdown and that the crisis had laid bare the country’s need for greater economic independence.
President Emmanuel Macron said on Sunday he was accelerating France’s exit from its coronavirus lockdown and that the crisis had laid bare the country’s need for greater economic independence.
In a televised address to the nation, Macron promised that the 500 billion euro cost of keeping companies afloat and people in jobs during the worst downturn since World War Two would not be passed to households through higher taxes.
Restaurants and cafes in Paris will be allowed to reopen fully from Monday, he said, the same day France lifts restrictions at its borders for European Union travellers, bringing sorely needed relief for the hospitality industry.
He said the coronavirus pandemic had exposed the “flaws and fragility” of France’s, and more broadly Europe’s, over-reliance on global supply chains, from the car industry to smart phones and pharmaceuticals.

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