Medef calls the oliphant. Faced with rising energy prices – +360% for gas prices in Europe between 2021 and September 2022 and +391% for electricity – employers are calling for urgent action. “This phenomenon is deeply recessive”, – asserted the president of the organization, Geoffrey Roux de Béziers, during a press conference this Wednesday, bringing forward the cases of companies that had to reduce runways. In 2022, according to the calculations of the Rexecode Institute, the energy bill of French companies will increase by 16 billion euros, including 6 billion for industry.
Medef then raises the risk of deindustrialization and displacement. “These are not relocations in the sense of the 1990s, but we have weak signals from companies delaying plans to open new sites.said Geoffrey Roux de Béziers. Some may also be tempted to reduce the workload of their European plants to increase…
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Source: Le Figaro
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.