There is a lot of talk about the Italian recovery plan, which may need to be renegotiated, or that of Hungary, which has still not been released. But what about France?
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VShere, this money is well spent: 90% of the promised amount has already been allocated in the France Relance projects, this national post-Covid plan of 100 billion euros, of which nearly 40% (not far from 40 billion euros) will be SO financed by the large common European loan.
Very concretely, 100% of thermal renovation work on public buildings in progress (hospitals, schools, town halls), cThis is European money. Same thing for 70% of the sums distributed to individuals via the MaPrimeRénov system. The program called “A young person: a solution” is also 75% funded by the EU. That’s nearly five billion euros for apprenticeship or work-study contracts, and financial aid for those under 30.
Little is known about it because the European flag on construction site signs is often very small, which actually causes a bit of cringe in Brussels. But for the rest, France is considered a good student.
100% thermal renovation of public buildings is huge. But it’s money well employed, they say in Brussels. Because when we renovate a public building, we often do it with the highest environmental standards. Then because public projects are big orders: SMEs are sure of being paid. They do not hesitate to hire and train their workers in ecological and innovative renovation methods.
Energy transition, innovation, training, employment: all of this is right on target with the objectives of this recovery plan financed by 27.
Money well spent, but very controlled
PTo obtain this funding, France had to keep its reform commitments: for example, present a Climate law, another on public finances, etc. When in Poland we look at the state of justice, in France we are attentive to the possible drift in public finances, confides a European source.
And then there are a posteriori controls, with European inspectors who ensure that the renovation has indeed achieved the promised energy gains.