Roux de Bézieux: the Nupes program leads to “a huge recession”

June 16, 2022

The president of Medef Geoffroy Roux de Bézieux judged on Wednesday on Europe 1 that the program of the left alliance Nupes leads to a “huge recession”, even a “bankruptcy” of France.

“The Nupes program is the program of La France insoumise, neither more nor less, except for a few commas”, according to the leader of the first French employers’ organization, who says he has looked closely at the program of the presidential candidate. Jean-Luc Melenchon.

This program “will lead us directly to a huge recession, and if it does not change course in the middle, to bankruptcy”, assured Geoffroy Roux de Bézieux.

“I am not a partisan, I place myself only on the economic level”, he specified.

“Price freeze, massive increase in the Smic: all small businesses will find themselves in a terrible scissor since they will no longer be able to increase their prices while their raw materials increase, gas bills increase and on the other side , their salaries will increase”, explained the president of Medef.

“There the first reflex is I stop hiring, I put an end to all my fixed-term contracts, all my interims,” ??he continued.

And “the French will not consume, contrary to what Jean-Luc Mélenchon says, they will keep their savings simply because they will be afraid”, he predicted in the event of victory of the Nupes in the elections. legislative.

Geoffroy Roux de Bézieux also argues that if the return to retirement at 60 “has no direct impact on finances, it has an absolutely massive cost – 80 to 100 billion – in the long term” and that “immediately the interest rates of France will increase”.

According to him, “the reality is that Jean-Luc Mélenchon knows that this program is not applicable, he is demagoguery”.

In the event of a Nupes majority in the National Assembly, the leader of the employers plans, as in 1981, “a program on the left, very on the left, but “after 18 months we change Prime Minister and we come back to reality because that unfortunately the market economy has fundamentals”.