"A Season in Hell" is a long-term series presented by Ricochet in partnership with the Brussels office of the Rosa Luxemburg Stiftung. The co-published series examines the current political conflicts and social movements in France.
The amounts made available in response to the COVID-19 pandemic are eye-watering. “The time for public spending has come,” according to the French Ministry of the Economy and Finance (informally referred to as Bercy). We are no longer counting in millions but in billions of euros: on top of the tens of billions freed up for the emergency plans in the spring, there have been rescue plans for specific sectors, central bank programs, and now €100 billion for an economic stimulus plan.