the Covid-19 does not explain everything

What will be the impact of the crisis of the Covid-19 on the failures of French companies ? Of the OECD, the credit insurer Coface, many economists to be considered in these time on this critical issue, announcing sometimes figures as of the end of the world in which it is difficult to assess the relevance.

→ TO READ. Coronavirus : few business failures in France, a statistic in trompe-l’oeil

At the risk of adding to the confusion and pessimism, the OFCE was delivered to his tower in the year in publishing, Friday, June 19, a study that provides a new estimate of the magnitude of the shock is predictable.

A level of failure is unprecedented

Based on the assumption of a gradual recovery, the experts of the research center in economics of Sciences-Po have simulated the effect of the crisis on the accounts of a significant sample of a million companies.

Result : “The productive fabric is going to be heavily affected by this pandemic, with levels of failures is unprecedented, in other words, companies unable to cope with the payment of wages or suppliers,”, says Lionel Nesta, one of the four co-authors of the study (1).

In ” normal times “, the Bank of France accounts for, on average, 60 000 enterprises with payment difficulties each year. According to the forecasts of the OFCE, this number could increase to 40 000 failures by the end of the year. If “all the situations will not necessarily result in a final judgment of the company “ – some of which may be placed in a single receivership -, “the bankruptcy potential could cause the destruction of approximately 250 000 jobs “, say the authors.

→ TO READ. The green check, a good idea for the stimulus ?

These figures are to be taken with extreme caution. First of all, because the simulation is built on the latest balance sheet data known to companies that date back to December 2017, which is a bit dated. Then because, by construction, it does not take into account public policy that can still be put in place to counter the effects of the crisis.

A selection mechanism of the market

This is also the main interest of this study to make recommendations based on a detailed analysis of the results. These show that “the exposure to the risk of bankruptcy is not only determined by the magnitude of the shock, but by the interaction between this and other factors “in particular, the financial strength of more or less large companies.

“In a period of growth, companies that are sanctioned by the market are, in general, those who have problems with productivity. The crisis of the Covid-19 comes seize this selection mechanism since we observe a systematic increase of the share of economically viable enterprises in the population of insolvent companies “, says Lionel Nesta.

This increase is particularly notable in the sectors of hospitality and construction, where many small businesses are exposed to the risk of bankruptcy as much, if not more, because cash is too low and a lack of own funds as to the effects of a shutdown forced.

The price of the ” zero-fail “

However, unlike some large companies, they are also fragile due to their over-indebtedness, these small businesses still spend too often under the radar of public authorities.

→ TO READ. Coronavirus : few business failures in France, a statistic in trompe-l’oeil

The establishment by the government, in the emergency, part-time unemployment and of the device loan is guaranteed by the State has certainly allowed many of them to absorb some of the shock. “With the recovery that is beginning, it is necessary to find a new device that takes the relay. For example, by helping companies to refinance their own funds “advocates Lionel Nesta.

According to the OFCE, such a device, focused on companies whose difficulties are actually attributable to the containment, would cost about 3 billion euros to public finances, excluding sector-specific aid already envisaged, which amounted to ten billion. The price of the “zero-fail” promised by the president Macron.


Where to go within 100 km? 52 weekends in France: Weekend ideas

© Adobe Stock

Obliged to leave near you? Here is a selection of 52 escapades within 100 km of the capitals of the 13 regions of France, to do for a weekend or a day. Biking through the vineyards, (re) discovering the treasures of our heritage, staying at the beach or hiking in the countryside… we are lucky not to have to go far, in the end!

Where to go within 100 km of Paris?

Where to go within 100 km of Paris?
Provins © s4svisuals –

Auvers-sur-Oise (34 km)

Located 30 minutes from Paris, Auvers sur Oise was a source of inspiration for the great masters of impressionism, in particular Van Gogh (Please note, Auberge Ravoux is closed until 2021!). It is also a picturesque little town, which can be easily explored on foot. Museums, castle and 17th century garden are on the program, as well as walks in the Val-d’Oise… Read Auvers-sur-Oise, in the footsteps of the Impressionists

Compiègne and its forest (77 km)

A weekend where nature blends with culture. Between the Palais de Compiègne, the Château de Pierrefonds and superb nature walks, the Compiègne forest and its surroundings are a destination of choice for savoring spring in the Oise, north of Paris. Read Compiègne and its forest, a royal weekend.

Provins (88 km)

Ready for a trip back in time? Direction Seine-et-Marne at Provins, whose medieval city was listed as a UNESCO World Heritage Site in 2001. The Porte de Jouy, the César tower, the Saint-Quiriace collegiate church, the tithe barn or the underground passages are a must to visit, without forgetting the rose garden!

Chartres (89 km)

The prefecture of Eure-et-Loir is famous for its cathedral and its medieval alleys. Listed as a World Heritage Site since 1979, Notre-Dame is one of the largest Gothic buildings in France. But this city with crazy charm also harbors some unexpected nuggets, to be discovered in unusual Chartres.

Where to go within 100 km of Rouen?

Where to go within 100 km of Rouen?
Honfleur © djekker –

Around Rouen: the loops of the Seine (40 km)

Of Andelys (Eure) at Villequier (Seine-Maritime), along the Seine … Getaways in the shade of apple trees, in the footsteps of the Impressionists, the monks of Jumièges and Victor Hugo, along the river. Read Normandy, over the loops of the Seine.

Gerberoy and the country of Bray (62 km)

Gerberoy, little gem of the Oise, is one of the most beautiful villages in France. All around, the Pays de Bray invites you to a delicious bucolic and gourmet break in unspoiled landscapes. Small charming towns, groves, abbeys, cycle paths and beautiful hikes… A pretty corner of France, for sure! Read Le pays de Bray with the Routard.

Étretat and the Alabaster coast (71 to 89 km)

Happy Normans who live near one of the iconic sites of France! Étretat, its cliffs, its beach, its village, its walks facing the sea and, on the Alabaster coast, the welcoming fishing port of Fecamp. Read Étretat and Fécamp, Normandy, cliff side

Honfleur and the Fleurie coast (78 to 94 km)

The Côte fleurie is not stingy with beautiful beaches, starting with that of Deauville, immortalized by A man and a woman by Claude Lelouch. And then, on the way, there is the lovely fishing port of Honfleur, which we never tire of, and the surrounding countryside. Cabourg la Proustienne must be left aside, it is too far (111 km).

Where to go within 100 km of Lille?

Where to go within 100 km of Lille?
Arras © david debray –

Walk in the mining basin, around Lens (37 km)

The Louvre remains closed? Take comfort, it’s not just the Louvre in Lens. The region of the major sites of the Mining Basin, listed as World Heritage by Unesco, has great surprises in store such as the Lewarde Historic Mining Center, which pays tribute to miners, or, in another genre, the impressive Chartreuse Museum in Douai. Read Around the Louvre-Lens.

Arras (52 km)

The Pas-de-Calais prefecture has more than one asset! The Flemish Baroque style of the Place des Héros and the Grand-Place, the town hall and its belfry or the Saint-Vaast abbey will delight lovers of architecture. Also worth visiting: the underground passages, called Boves, old cellars and quarries then laid out by the British. Arras will seduce you for sure!

Dunkirk and the dunes of Flanders (75 km)

Over fifteen km along the North Sea, from the gates of Dunkirk to the Belgian border, an exceptional set of dunes that can be discovered via marked trails during the most invigorating walks!

Le Cateau-Cambrésis, in the footsteps of Matisse (81 km)

This is where the third Matisse museum in France is located. In the region, walks allow you to discover the young years of the painter. The opportunity to revisit the North through the entry of artists, between Cambrai and Valenciennes, via Douai. Read In the North, in the footsteps of Matisse

Where to go within 100 km of Orleans?

Where to go within 100 km of Orleans?
Briare canal bridge © Marco Cuchel –

Blois and Chambord (58 km)

These castles, which are no longer presented, are among the treasures of the Loire Valley. Unmissable! But the city of Blois also has its nuggets to savor during a stroll through its alleys. As for Chambord, surrounded by an exceptional forest estate, it is also a superb destination for nature walks.

Sologne around Romorantin-Lanthenay (68 km)

Between forests, ponds, rivers and small villages, a fascinating region for lovers of nature and wildlife. Also stop at the Deer House in Villeny or in Lamotte-Beuvron, birthplace of the famous Tatin tart!

Vendôme and the Loir Valley (75 km)

Former capital of the county of Vendôme, the city is home to the Vendôme trinity, a Benedictine abbey classified as a Historic Monument. From there, you can go up the Loir valley by visiting the castle of Châteaudun or by following in the footsteps of Proust at Illiers-Combray. Read The Loir Valley with the Routard.

The Loire à Vélo, to Briare (78 km)

The famous Loire à Vélo cycle route passes through Orléans. Upstream, from the canal bridge of Briare, Passing by Sully-sur-Loire and its castle, you can enjoy a beautiful bike ride through the Loiret. Read the Loire by bike, all in the saddle!

Where to go within 100 km of Rennes?

Where to go within 100 km of Rennes?
Rochefort-en-Terre © Florence Piot – Fotolia

Paimpont and the Brocéliande forest (42 km)

Just ¾ h from Rennes, enter the myth by hiking! This Breton forest may be called Paimpont on the cards, everyone designates it by its mythical name: Brocéliande, forever linked to King Arthur, the Knights of the Round Table and the enchanting Merlin. Read Brocéliande, forest of legends

Mont-Saint-Michel and its bay (68 km)

What better way to celebrate your newfound freedom than to greet this icon of France? After visiting this sublime site, the region of the bay of Mont-Saint-Michel is available to you: walks by the sea, hikes in the hinterland, gourmet stops in the villages are waiting for you. Read the Pays de la Baie du Mont-Saint-Michel with the Routard.

The interior of Morbihan, around Redon (58 to 81 km)

The hinterland of Morbihan is full of treasures: picturesque villages like Rochefort-en-Terre, medieval fortresses, beautiful gardens like that of La Gacilly, bucolic landscapes along the Nantes-Brest canal. All to discover on foot, by bike or by boat in “slow” mode. Read Le Morbihan, land side.

The Emerald Coast from Cancale to Saint-Cast-le-Guildo (71 to 91 km)

Taste oysters at Cancale, walk the ramparts of Saint Malo, succumb to the medieval charm of Dinan and the good life of Dinard, tread the sand of the beaches of Saint-Cast-le-Guildo… The Emerald Coast, a concentrate of intense pleasures. Read Saint-Malo and Dinard, elegant Bretonnes

Where to go within 100 km of Nantes?

Where to go within 100 km of Nantes?
Noirmoutier © Thierry RYO –

The Pays de Retz, from the lake of Grand-Lieu to Pornic (31 to 51 km)

South of the Loire estuary, the Pays de Retz is best known for its Côte de Jade and its jewels Pornic and Saint-Brévin. But this ocean region can also be visited from the inside, on the Breton swamp and lake of Grand-Lieu. On foot, by bike, on horseback, by canoe, you will be delighted… Read Le Pays de Retz.

Guérande and the Brière regional natural park (60 to 78 km)

Loire-Atlantique can also be visited on the marsh side. There are of course Guérande and its famous salt, but also the Briere Park neighbour. The second largest swamp in France after the Camargue, it is home to abundant flora and fauna that will delight nature lovers. Read the Loire-Atlantique marsh side

Angers (87 km)

The capital of Anjou is a digest of sweet France. In the center, the cobbled streets conceal remarkable monuments, starting with the medieval castle. But Angers is not only based on its historical heritage: renowned vineyards, festivals and art galleries also make it a city to live in. Read Angers, very gently

Noirmoutier Island (89 km)

Off the Vendée, Noirmoutier is appreciated for its beaches, its vast salt marshes, natural reserves, wood – including the Bois de la Chaise, painted by Renoir -, the astonishing Passage du Gois, the castle-museum (12th century) and the old streets of Noirmoutier- en-l’Île… Without forgetting its salt and potato!

Where to go within 100 km of Bordeaux?

Where to go within 100 km of Bordeaux?
Saint-Emilion © milosk50 – Adobe Stock

Saint-Emilion (40 km)

The quintessence of French medieval villages: steep and cobbled alleys, ramparts, Gothic church … But also a surprising underground heritage: galleries, catacombs … And, of course, the vineyard of Saint Emilion that makes epicureans around the world dream!

Arcachon bay and Pilat dune (65 km)

The seaside charm ofArcachon, oysters and boat trips in the basin, the cap ferret and the rise of dune du Pilat… So many great classics that we never get tired of! Read The Arcachon basin, of the four seasons

Biscarrosse (83 km)

Sea side or lake side, the Landes resort of Biscarrosse is a seaside paradise. Walks on foot and by bike in the forest and on the beach, discovery of the large lagoon-colored lakes and tasting of good local products, enough to make a successful weekend… Read Biscarrosse and Mimizan, the Landes seaside

The Deux-Mers Canal by bike, estuary side or around Marmande (95 km)

Two different faces of this superb cycle route. From Mortagne-sur-Gironde, maritime landscapes precede the wine lands around Blaye. On the side of Marmande, the greenway that runs along the lateral canal to the Garonne crosses the bucolic garden of Aquitaine, paradise of strawberries, asparagus and tomatoes. Read The 2 Seas Canal by bike with the Routard

Where to go within 100 km of Toulouse?

Where to go within 100 km of Toulouse?
Albi © stephanemedina81 –

Montauban and Moissac (from 53 to 71 km)

Listed as a “City of Art and History”, the superb city of pink bricks Montauban saw the birth of the painter Jean-Auguste-Dominique Ingres and the sculptor Antoine Bourdelle to whom a must-see museum is dedicated. After direction Moissac, to admire its superb cloister.

Les Portes de Gascogne (from 51 to 99 km)

In the east of the Gers, the Portes de Gascogne open with generosity to the curious, travelers and lovers of good food. Of Lectoure at Simorre, Passing by Gimont or Fleurance, in Lomagne or in Savès, beautiful country houses, hikes, gourmet markets, churches await you … Read Les Portes de Gascogne with the Routard

Albi (76 km)

One of the most beautiful cities in France, with its cathedral, its Toulouse-Lautrec museum, its bridges over the Tarn, Albi, the red, classified as a UNESCO World Heritage Site for its Episcopal City, is also a delight for the senses with the gourmet delights of its market and the mildness of its climate. Read Albi, in majesty red and Albi and the Tarn, in the footsteps of Toulouse-Lautrec

The country of Mirepoix (80 km)

Northeast of Ariège, Mirepoix is one of the most beautiful country houses in the Southwest with its colorful half-timbered houses (some from the 15the century), its market and the old Saint-Maurice cathedral. On the way, stop at the astonishing semi-cave church of Vals, and a hook by Castelnaudary to taste a busty cassoulet! Read Ariège, mountains and wonders

Where to go within 100 km of Marseille?

Where to go within 100 km of Marseille?
Camargue © Richard Semik – Adobe Stock

Hyères and the Giens peninsula (82 to 92 km)

Hyeres, one of the oldest seaside resorts in France, has retained its beautiful villas and languid beaches. A tombolo leads to the Giens peninsula and its magnificent coves with a view of the coast and the Hyères islands. Read Hyères and the Giens peninsula

The land of Baux-de-Provence (84 km)

Superb Provençal village perched, The Baux de Provence is at the heart of a territory with multiple attractions: shows of Careers of Lights, landscapes of Val d’Enfer, ancient site of Glanum, sweetness of Saint-Rémy without forgetting the vineyards and olive groves of the Alpilles Regional Natural Park. Read Around Les Baux-de-Provence.

Arles and the Camargue (86 km)

Arenas in cloister of Saint-Trophime, a Mecca for Romanesque art Arles forms an open-air history book. It is also a cultural city of its time with the Actes Sud editions and the photography festival. And, at its doors, the great spaces of the Camargue, between rice fields, bulls and flamingos: an invitation to travel to the heart of the Bouches-du-Rhône!

The Luberon, around Gordes (94 km)

Gordes, hilltop village and Provençal postcard, Lacoste and its castle which housed the Marquis de Sade, Bonnieux with timeless charm, Lourmarin the last home of Albert Camus, and the enchanting landscapes of the Luberon to discover during a hike. Magnificent ! Read The Luberon, Provence in color

Where to go within 100 km of Ajaccio?

Where to go within 100 km of Ajaccio?
Piana © pixomatose – Fotolia

Cargèse et Piana (50 to 68 km)

Nestled in an enchanting setting, Cargo is undoubtedly the most Greek of the Corsican villages, with a Byzantine church harboring beautiful icons. Just north, towards the sublime coves of Piana, these jagged red granite cliffs which overhang the sea, even more beautiful in the setting sun.

Sartene (71 km)

Austere and superb, Sartene is “the most Corsican of Corsican cities” in the words of Mérimée. The houses with gray and brown facades, the ramparts of granite dominating the valley give a lot of character to the places. Not far, Campomoro and Roccapina are among the most beautiful beaches in Corsica

Corte (78 km)

An incredible citadel perched on top of a rocky outcrop, it is one of the most beautiful towns in Corsica, offering superb panoramas of the heart of the Isle of Beauty. Corte is also an ideal starting point for hiking in the surroundings, in the Tavignano gorges, then on the side of the Restonica Valley.

Aiguilles de Bavella (95 km)

A great site for hikers. The atneedles Bavella seem to pierce the sky. Around, a vast forest, where pines, firs, chestnuts and cedars coexist, completes the mystery of the place. Wild and splendid!

Where to go within 100 km of Lyon?

Where to go within 100 km of Lyon?
Cluny © MangAllyPop @ ER –

The Beaujolais road, from Villefranche to Saint-Amour Bellevue (34 to 64 km)

A route through 10 vineyards (Chiroubles, Morgon, Juliénas, Saint-Amour…) with, on the menu, visits to wineries, beautiful villages, good restaurants. Make a detour by Nice game, the capital of Beaujolais. Notice to epicureans!

Saint-Etienne (63 km)

The famous Cité du Design, an architectural heritage dating back to 14e s, the Pilat Regional Natural Park, the Le Corbusier architectural complex in Firminy … Enough to complete your weekend on the side of Saint Etienne !

Hauterives and the Postman Cheval’s Palace (73 km)

One of those curiosities of which France has the secret, the Postman Cheval’s Ideal Palace will surprise you for sure! A masterpiece of naive architecture to discover absolutely. Nearby, the ancient theater of Vienna, the vineyard of Condrieu and the City of chocolate Valrhona in Tain-l’Hermitage is worth a detour.

Cluny and the Clunisois (88 km)

Between Mâconnais and Charolais, the Clunisois will delight lovers of greenery, authenticity and history. Rolling landscapes covered with vineyards and forests, charming villages that have not moved for centuries, pleasant cycle paths, very appreciable gastronomy … And, of course, the abbey of Cluny which alone is worth the trip. Read Cluny and Clunisois, Burgundy on the South side

Where to go within 100 km of Dijon?

Where to go within 100 km of Dijon?
Semur-en-Auxois © traveller70 –

Beaune (44 km)

Capital of Burgundy wine, Beaune invites you to dive into a certain art of living between visits to cellars and museums, churches and tea rooms. The Hospices, founded at the end of the Middle Ages, are one of the jewels of French heritage. From there, the Burgundy Grands Crus route crosses the vineyards of Gevrey-Chambertin, Nuits-Saint-Georges, Pommard…

Alésia and Auxois (58 to 79 km)

The MuséoParc d ‘Alesia in Alise-Sainte-Reine (Côte d’Or) reveals the context and the background of the famous battle on the very place where it took place. To visit with family, before exploring the region of Flavigny at Semur-en-Auxois, passing by the superb Fontenay Abbey. A beautiful corner of Burgundy, for sure. Read In Burgundy, around Alésia.

National Forest Park (72 to 92 km)

Inaugurated in fall 2019, the latest addition to France’s national parks spans the Côte d’Or and Haute-Marne. Beautiful hikes to observe the flora and fauna are waiting for you, as well as the discovery of the regional heritage, around Langres, Châtillon-sur-Seine and Vix.

Besançon (95 km)

The neighbors of the Besançon are not far away, so why not go and visit them? The opportunity to (re) discover this flirtatious city nestled in a loop of the Doubs under the gaze of the Citadel of Vauban … A student and lively city where we stroll with pleasure! Read Besançon, 5 reasons to go

Where to go within 100 km of Strasbourg?

Where to go within 100 km of Strasbourg?
Pierre-Percée lake © aylerein –

Haguenau and Northern Alsace (34 to 65 km)

Pretty villages, castles, museums, forests and hikes in the Vosges du Nord Regional Nature Park : Northern Alsace has a lot to offer for a weekend. Around Haguenau, Wissembourg and Niederbronn-les-Bains, an authentically Alsatian region where it is good to relax. Read Northern Alsace with the Backpacker.

Bruche Valley (48 km)

Between Vosges and the plain of Alsace, a bucolic haven of peace with woods, ponds, meadows and villages where you can rest with pleasure between two hikes. Some 450km of marked trails crisscross the territory, including the GR5, GR 532 and GR 53 …

Colmar and the villages of the Wine Route (74 km)

The historic center of Colmar is a jewel, with its districts made up of half-timbered houses, in particular along the Lauch (Little Venice). And, to complete your stay, it is impossible to miss the nearby villages and vineyards of the Alsace Wine Route (Eguisheim, Kayzersberg…)! Read Colmar, the beauty of Alsace

Baccarat and the Pierre-Percée lake (78 to 95 km) :

Baccarat, cradle of the famous manufacture, has an interesting Crystal museum to visit before admiring the multicolored stained glass windows of the Saint-Rémy church. In the vicinity, the lake of Pierre-Percée, surrounded by the forests of the Vosges foothills, provides such a change of scenery that we call the region “Lorraine Canada”. A paradise for water sports. Read Nancy and South Lorraine with the Routard.

To know more

Consult our guides online France

Find all our weekend ideas


The Montreuillois hotels are still very few to reopen

It’s simple, it’s like January when it’s closed, summarizes Laurence Vignon from the Neptune hotel in Berck. And again in January, the phone rings!
The establishment on the esplanade, facing the beach, had planned to reopen on May 12. ”
We postpone this to Ascension weekend.
Only the apartment hotel residence part is open. ”
There, three studios are occupied. Now, at this time of year, we should …


Hotels in Turkey will abandon the “buffet”

In the context of the COVID-19 coronavirus pandemic, Turkish hotels will open with certain restrictions, the Association of Russian Tour Operators (ATOR) said, citing a statement by the Minister of Tourism and Culture of Turkey Mehmet Ersoy. So in hotels it will be mandatory social distance on the beach, a daily physical examination for staff, as well as the refusal of a self-service system.

According to the minister, the first hotels to open are those that have received a “certificate of health.” Their opening is expected by the end of May. The number of rooms provided for tourists in them will be reduced. There will be no buffet or any other open buffet: instead, guests will be served according to a comprehensive menu and standards more similar to a la carte service, ”the message says.

According to authorities, the new rules will increase the cost of living in large hotels and make holidays in apartments and small hotels more popular.

Turkish authorities expect the start of foreign tourism not earlier than the end of August. Then, subject to a favorable epidemiological situation, Turkey will allow air traffic with those countries where the pandemic will decline and new cases of infection will not be recorded.

According to the latest data, Turkey ranks seventh among the remaining countries in terms of the number of infected. The country confirmed 110 thousand cases of infection with coronavirus, 2.8 thousand people died.

How to get money back for burned-out tours – in Kommersant’s article “Only Cards Remained from Traveling”