PARIS – French President Emmanuel Macron multiplies measures to defuse the crisis triggered by the movement of "yellow jackets", bringing together Tuesday the actors of the banking sector "to build concrete solutions to the economic and social emergency."
According to the Elysee, he asked them to commit not to increase bank rates for individuals in 2019 and to cap the cost of banking incidents to 25 euros per month for the most vulnerable populations.
This last measure may benefit, according to the Banque de France, to 3.6 million people.
"These commitments represent 500 to 600 million redistributed purchasing power for the benefit of the French," said the French presidency in a statement issued at the end of the meeting.
President Macron also called on players in the banking sector to commit to assisting artisans, traders and small businesses who are "the hardest hit by the current crisis, blockages and degradations".
On Monday, the National Council of Shopping Centers (CNCC) reported that business attendance has dropped by 17% since the start of the "Yellow Vests" movement, hoping that President Macron's announcements "will be likely to bring customers in commercial sites ", before the end of the year.
In addition, the Banque de France asked the credit mediator to mobilize to respond "urgently" to requests from companies, particularly through the system of Very Small Business Correspondents (TPE).
In addition to the measures announced, President Macron also asked banking players to take an active part in the consultations that will be held in the territory from December 15 and to propose by early March measures for access to credits so that individuals "more easily" finance their investments related to the ecological transition (purchase of cars, change of a boiler).
Banking players are called upon to take into account "complex" life-accident situations for workers.
These measures come barely a few hours since the announcements made Monday evening in a televised speech that was attended by more than 21 million French.
Among the announcements are the increase, as of 2019, the salary of a worker at Smic (minimum wage) of 100 euros per month and overtime that will be paid without taxes or charges.
"I will ask all employers who can pay an end-of-year bonus (neither taxes nor charges)," he added, acknowledging that the effort that has been was "too big and it was not fair".
To this end, the increase in the generalized social contribution (CSG), a compulsory levy that contributes to the financing of social security and unemployment insurance, will be canceled for pensioners earning less than 2,000 euros per month, he said, but he refused to revert to the Solidarity Tax on Wealth (ISF), one of the key claims of "Yellow Vests."
However, the "Yellow Vests" indicated that they remain mobilized until the "total" satisfaction of their claims, in particular the return of the ISF, the modification of the representative system and the establishment of a referendum Citizenship Initiative.