A great debt of 35 billion euros
The Committee Juppe-Rocard "on the strategic investment priorities and the national debt" has completed its work on Wednesday. His report will be presented November 19 at the president will announce in early December that the action he intends to give. Of the 22 committee members all signed the document, except one who required a period of reflection.
The total investment proposals contained in the report turn, according to our information, around 35 to 36 billion euros. "Some final calculations must still be done," says one familiar with the matter. This does not mean that France actually borrow such a sum. 13 billion euros will come from such recycling loan funds last year to banks that they are poised to fully repay the State.Similarly, on some specific projects (Digital Innovation), private companies will be asked to intervene to assist the public.
Overall, the report Juppe-Rocard justifies the need for investment in expenditure for the future, because "it has not been done for decades," while stressing the situation particularly tense of French public finances which prevent to borrow beyond a certain threshold. "There is no question of breaking the signing of the France versus Germany," insisted Wednesday Alain Jupp? on Radio Classique.
Specialized Agencies
If the mission did not address the question of how borrowing (or specific markets) however she insists on the need to control the use of these funds.And suggested including the creation of a very limited number of specialized agencies in the monitoring of specific programs, such as for investments in renewable energy or digital.
Similarly, with regard to investment areas, the commission did not go into details of specific projects. She preferred to reason according to logic of major programs to launch, with the guiding research and innovation. Higher education will be especially cherished. The mission recommends including giving the large educational institutions (universities and colleges) of equity. This particular to enable them to build bridges with business by creating centers of excellence comprising laboratories, innovative SMEs and teaching areas.
The mission is also in favor of an ambitious program for the transport of the future.In particular, the cities will be encouraged to develop transport infrastructure with low energy consumption. This will be the basis of the future city in which the report devotes part. Finally, any program will involve the "life sciences (biotechnology), to launch major medical projects. A subject which is particularly Nicolas Sarkozy.