Purchasing power: the government’s balancing act against businesses

There is the end of the world, but also the end of the month. Beyond the measures expected to deal with the climate and energy crisis Elisabeth Borne’s speech this Monday at the Medef summer university will also be scrutinized for the direction she will give on the issue of purchasing power, while the Prime Minister has put pressure on companies in raising the possibility of a taxation of the “superprofits” of the multinationals.

Real threat or rhetorical exercise? In any case, Elisabeth Borne said on Saturday in an interview with the “Parisien” not to “close the door” to a taxation of exceptional profits made by certain multinationals in the midst of a crisis caused by the war in Ukraine. Until now, the executive had seemed more ostensibly opposed to such a device demanded by the left oppositions.