Emmanuel Macron says gas prices are providing 'strong pressure'

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French President Emmanuel Macron unveiled a full plan to reindustrialise the country last Tuesday at the Elysée Palace in front of an audience of entrepreneurs and students. The leader is reportedly waiting for next year to launch his reelection campaign, however, this new plan named “France 2030” resembles a long-term project.

Macron announced a €30bn (£25.4bn) multichannel plan that includes investment in green energy, smaller nuclear reactors, medical research and even television series and video games funding.

However, according to the assistant editor of Brexit-watch.org and entrepreneur Jonathan Saxty, this 90-minute speech by Macron was proof “the EU is doomed to fail.”

In a column for The Telegraph, he writes: “Like the UK, France has suffered years of industrial decline, stymied as it has also been by labour-market laws.

“Mr Macron’s announcement could have put Europe first, not merely France.

“Even if the President was appeasing the French people, the fact he felt this necessary speaks volume.”

Macron focused most of his presentation on France as an upcoming industrial leader.

“We must wage the battle of innovation and industrialisation at the same time,” he said.

“We need a country that produces more.”

The President then mentioned the shortage of masks which France experienced early in the pandemic crisis in 2020.

“Eighteen months ago, we faced a lack of face masks, no one ever thought France could lack face masks.”

The pandemic had “put us face-to-face with our vulnerabilities” he told the audience.

Macron said France would invest €1bn by 2030 in “disruptive innovation” to produce atomic power, which he said would focus on designing small nuclear reactors with improved waste management.

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“The President could have spoken about levelling up the south or east of Europe,” writes Mr Saxty.

“He could have talked in terms of Europe leading the world in growth sectors, not merely France.

“Instead, he chose not to.”

To the Brexiteer, the European Union is doomed because of a lack of cultural cohesion.

“The EU lacks sufficient shared identity and purpose of the kind which genuine national unions need to function”, he says.

“England may not like subsidising Northern Ireland but it accepts it as the price of union, even while acknowledging that poorer regions should in fact be levelled up.

“This is what sets genuine unions apart from ersatz blocs like the EU.

“Cultural proximity is what counts.

“This is why Hungary and Poland have each other’s back, and why the Nordic states understand each other.”

During his speech, Mr Macron also mentioned what France 2030 can do hand in hand with the European Union.

He said France must work towards productive autonomy not only at home but also in Europe in a broad area of new industries.

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