lower (9%), but it could have been worse without government support. Household savings increased to over €202 billion, €90 billion more than in 2019.

Manufacturing saw a 12% decline during this period, with telegram number database some sectors being more or less affected, such as automobile

manufacturing (-32%) and the aeronautics sector (-30%). Others fared slightly better (quite logically), with health-related activities increasing slightly and the food industry holding up in view of household consumption (-2.3%).

During this period, the French external deficit doubled as France lost market share. For example, it imported €5 billion worth of surgical masks to meet the exponential demand, particularly in public administrations (33%).

 to the entire economy, but what stimulus measures have saved the day?

By the end of March 2021, nearly €201 billion had been mobilized to help French companies, representing 9% of the national GDP.

Among the most significant measures, there was, first of all, an explosion in partial unemployment to preserve as many jobs as possible despite the decline in activity.

Employment has new strategies to acquire b2b leads remained relatively stable. Then, the State-guaranteed loan for companies with fewer than 50 employees was created. And for SMEs that are not eligible for the State-guaranteed loan, a repayable advance was put in place.

These are just a few brief highlights of the full range of

aid measures offered by the State during this unprecedented period. These measures have helped limit the damage and fresh list save as many businesses as possible. The Treasury Directorate General estimates that 40,000 bankruptcies have been avoided, 45% fewer than a year earlier. However, the question of recovery still looms large, as these measures can delay business failures rather than save them. To date, this recovery has still not taken place.

B – France, the cradle of foreign investment