It's official, your booklet will not be punctuated to finance the defense

The state will not make “a hand on the savings of the French”, hammered the Minister of the Economy, Eric Lombard, this Thursday, March 20. The track of a mobilization of savings owned on booklets has to finance the defense sector is therefore definitively abandoned.

© Philippe Devanne

-Will the state draw in booklets A to finance the defense?

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For savers, it is a scarecrow: according to an Odoxa survey for capital, 58% of French people do not want their savings to be mobilized by force to finance the defense sector. The idea of stinging part of their woolen stockings towards the 4,500 companies of our industrial and technological defense base (ILOD) was indeed one of the tracks under study in Bercy. In particular, the savers feared that the State makes the choice to draw on their booklets A, on which they hold a war of war of 442.5 billion euros.

“The idea is to multiply the opportunities to invest for those who wish only.”

However, it should be remembered that the government has no legal means of “using” on these regulated booklets (booklet A, LEP, LDDS, etc.). On the other hand, part of their outstanding, owned by banks – and already used to finance very small businesses and SMEs – could have been specifically oriented towards defense companies. It will ultimately not be, since this would amount to mobilizing part of the savings of the French without their consent, which the Minister of Economy and Finance refuted, Eric Lombard, Thursday, March 20, on the occasion of the day of consultation on the financing of the defense industry: “The state will never take control of the French savings. The idea is to multiply the opportunities to invest for those who wish only. ”

To do this, the Minister spoke of long -term investments: life insurance, the retirement savings plan (PER), the equity savings plan (PEA) or even employee savings systems, such as business savings plans (PEE) or collective per. Within these products, savers will be able to invest in arrowed investment funds to the defense sector, which “Large banking networks, large insurance networks, will make available (…) for those who wish”said Eric Lombard this Thursday morning on set of TF1. In other words, it is via the units of account (UC) of their contracts that voluntary investors will be able to finance the military sector.