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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="Assets_totalLabel_labelfr" xml:lang="fr">Total Actifs</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="CashAndCashEquivalents_periodEndLabel_labelfr" xml:lang="fr">Trésorerie et équivalents de trésorerie fin de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="CashAndCashEquivalents_periodEndLabel_labelfr" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="CashAndCashEquivalents_periodStartLabel_labelfr" xml:lang="fr">Trésorerie et équivalents de trésorerie début de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="CashAndCashEquivalents_periodStartLabel_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ComprehensiveIncome_totalLabel_labelfr" xml:lang="fr">Total Résultat global</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="ComprehensiveIncome_totalLabel_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="EquityAndLiabilities_totalLabel_labelfr" xml:lang="fr">Total Capitaux propres et passifs</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="EquityAndLiabilities_totalLabel_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="Equity" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_Equity" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="Equity_periodStartLabel_labelfr" xml:lang="fr">Capitaux propres début de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="Equity_periodStartLabel_labelfr" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="Equity_periodEndLabel_labelfr" xml:lang="fr">Capitaux propres fin de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="Equity_periodEndLabel_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="IncreaseDecreaseInCashAndCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="IncreaseDecreaseInCashAndCashEquivalents_netLabel_labelfr" xml:lang="fr">Augmentation (diminution) nette de la trésorerie et des équivalents de trésorerie</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalents" xlink:to="IncreaseDecreaseInCashAndCashEquivalents_netLabel_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_netLabel_labelfr" xml:lang="fr">Augmentation (diminution) nette de la trésorerie et des équivalents de trésorerie avant effet des variations des taux de change</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_netLabel_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="AdditionalPaidinCapitalAndReserves" xlink:href="econocom-2020-12-31.xsd#econocom_AdditionalPaidinCapitalAndReserves" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="AdditionalPaidinCapitalAndReserves_label_labelfr" xml:lang="fr">Primes et réserves</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalPaidinCapitalAndReserves" xlink:to="AdditionalPaidinCapitalAndReserves_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="OtherOperatingIncomeAndExpenses" xlink:href="econocom-2020-12-31.xsd#econocom_OtherOperatingIncomeAndExpenses" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OtherOperatingIncomeAndExpenses_label_labelfr" xml:lang="fr">Autres produits et charges d'exploitation</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeAndExpenses" xlink:to="OtherOperatingIncomeAndExpenses_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="IncreaseDecreaseDueToChangesInAccountingPolicy" xlink:href="econocom-2020-12-31.xsd#econocom_IncreaseDecreaseDueToChangesInAccountingPolicy" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="IncreaseDecreaseDueToChangesInAccountingPolicy_label_labelfr" xml:lang="fr">Impact IFRS 9  sur la dépréciation des créances</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseDueToChangesInAccountingPolicy" xlink:to="IncreaseDecreaseDueToChangesInAccountingPolicy_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="ProceedsOfPropertyPlantEquipmentAndIntangibleAssetsOtherThanGoodwill" xlink:href="econocom-2020-12-31.xsd#econocom_ProceedsOfPropertyPlantEquipmentAndIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ProceedsOfPropertyPlantEquipmentAndIntangibleAssetsOtherThanGoodwill_label_labelfr" xml:lang="fr">Cession d'immobilisations incorporelles et corporelles</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsOfPropertyPlantEquipmentAndIntangibleAssetsOtherThanGoodwill" xlink:to="ProceedsOfPropertyPlantEquipmentAndIntangibleAssetsOtherThanGoodwill_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="ProfitForThePeriodAttributableToOwnersOfTheParent" xlink:href="econocom-2020-12-31.xsd#econocom_ProfitForThePeriodAttributableToOwnersOfTheParent" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ProfitForThePeriodAttributableToOwnersOfTheParent_label_labelfr" xml:lang="fr">Résultat de la période – part du groupe</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitForThePeriodAttributableToOwnersOfTheParent" xlink:to="ProfitForThePeriodAttributableToOwnersOfTheParent_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="AcquisitionOfLongtermFinancialAssets" xlink:href="econocom-2020-12-31.xsd#econocom_AcquisitionOfLongtermFinancialAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="AcquisitionOfLongtermFinancialAssets_label_labelfr" xml:lang="fr">Acquisition d'immobilisations financières</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionOfLongtermFinancialAssets" xlink:to="AcquisitionOfLongtermFinancialAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="NetImpairmentLossesOnCurrentAndNoncurrentAssets" xlink:href="econocom-2020-12-31.xsd#econocom_NetImpairmentLossesOnCurrentAndNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="NetImpairmentLossesOnCurrentAndNoncurrentAssets_label_labelfr" xml:lang="fr">Perte nette de valeur sur actifs courants et non courants</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetImpairmentLossesOnCurrentAndNoncurrentAssets" xlink:to="NetImpairmentLossesOnCurrentAndNoncurrentAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="RecurringProfitLossAttributableToOwnersOfParent" xlink:href="econocom-2020-12-31.xsd#econocom_RecurringProfitLossAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="RecurringProfitLossAttributableToOwnersOfParent_label_labelfr" xml:lang="fr">Résultat net récurrent part du groupe</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecurringProfitLossAttributableToOwnersOfParent" xlink:to="RecurringProfitLossAttributableToOwnersOfParent_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="AdjustementsForCostOfNetDebt" xlink:href="econocom-2020-12-31.xsd#econocom_AdjustementsForCostOfNetDebt" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="AdjustementsForCostOfNetDebt_label_labelfr" xml:lang="fr">Coût de l'endettement financier net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustementsForCostOfNetDebt" xlink:to="AdjustementsForCostOfNetDebt_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="NoncurrentResidualInterestInLeasedAssets" xlink:href="econocom-2020-12-31.xsd#econocom_NoncurrentResidualInterestInLeasedAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="NoncurrentResidualInterestInLeasedAssets_label_labelfr" xml:lang="fr">Intérêts résiduels dans les actifs donnés en location</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentResidualInterestInLeasedAssets" xlink:to="NoncurrentResidualInterestInLeasedAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="SelfFundedOutstandingRentalsAssets" xlink:href="econocom-2020-12-31.xsd#econocom_SelfFundedOutstandingRentalsAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="SelfFundedOutstandingRentalsAssets_label_labelfr" xml:lang="fr">Encours de location autoportés</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SelfFundedOutstandingRentalsAssets" xlink:to="SelfFundedOutstandingRentalsAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="PutAndCallOptionsOnNoncontrollingInterestsInitialRecognition" xlink:href="econocom-2020-12-31.xsd#econocom_PutAndCallOptionsOnNoncontrollingInterestsInitialRecognition" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PutAndCallOptionsOnNoncontrollingInterestsInitialRecognition_label_labelfr" xml:lang="fr">Options croisées d'engagements de rachats des minoritaires - comptabilisation initiale</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PutAndCallOptionsOnNoncontrollingInterestsInitialRecognition" xlink:to="PutAndCallOptionsOnNoncontrollingInterestsInitialRecognition_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="NetChangeInCommercialPaper" xlink:href="econocom-2020-12-31.xsd#econocom_NetChangeInCommercialPaper" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="NetChangeInCommercialPaper_label_labelfr" xml:lang="fr">Variation nette des billets de trésorerie</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetChangeInCommercialPaper" xlink:to="NetChangeInCommercialPaper_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="LongtermFinancialAssets" xlink:href="econocom-2020-12-31.xsd#econocom_LongtermFinancialAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="LongtermFinancialAssets_label_labelfr" xml:lang="fr">Immobilisations financières</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermFinancialAssets" xlink:to="LongtermFinancialAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="FinancialIncomeAndExpensesFromOperatingActivities" xlink:href="econocom-2020-12-31.xsd#econocom_FinancialIncomeAndExpensesFromOperatingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FinancialIncomeAndExpensesFromOperatingActivities_label_labelfr" xml:lang="fr">Résultat financier opérationnel</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialIncomeAndExpensesFromOperatingActivities" xlink:to="FinancialIncomeAndExpensesFromOperatingActivities_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:href="econocom-2020-12-31.xsd#econocom_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense_label_labelfr" xml:lang="fr">Capacité d'auto-financement après coût de l'endettement financier net et impôt</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="CurrentGrossLiabilityForPurchasesOfLeasedAssets" xlink:href="econocom-2020-12-31.xsd#econocom_CurrentGrossLiabilityForPurchasesOfLeasedAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="CurrentGrossLiabilityForPurchasesOfLeasedAssets_label_labelfr" xml:lang="fr">Engagement brut de valeurs résiduelles financières</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentGrossLiabilityForPurchasesOfLeasedAssets" xlink:to="CurrentGrossLiabilityForPurchasesOfLeasedAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="InvestmentsInSelfFundedTMFContracts" xlink:href="econocom-2020-12-31.xsd#econocom_InvestmentsInSelfFundedTMFContracts" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="InvestmentsInSelfFundedTMFContracts_label_labelfr" xml:lang="fr">Investissements dans les contrats TMF auto-portés</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSelfFundedTMFContracts" xlink:to="InvestmentsInSelfFundedTMFContracts_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="OtherOperatingIncomeExpenseFromNonOrdinaryActivities" xlink:href="econocom-2020-12-31.xsd#econocom_OtherOperatingIncomeExpenseFromNonOrdinaryActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OtherOperatingIncomeExpenseFromNonOrdinaryActivities_label_labelfr" xml:lang="fr">Autres produits et charges opérationnels non courants</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncomeExpenseFromNonOrdinaryActivities" xlink:to="OtherOperatingIncomeExpenseFromNonOrdinaryActivities_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="PutAndCallOptionsOnNoncontrollingInterestsChangeInFairValue" xlink:href="econocom-2020-12-31.xsd#econocom_PutAndCallOptionsOnNoncontrollingInterestsChangeInFairValue" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PutAndCallOptionsOnNoncontrollingInterestsChangeInFairValue_label_labelfr" xml:lang="fr">Options croisées d'engagements de rachats des minoritaires – variation de valeur</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PutAndCallOptionsOnNoncontrollingInterestsChangeInFairValue" xlink:to="PutAndCallOptionsOnNoncontrollingInterestsChangeInFairValue_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="OperatingExpenses" xlink:href="econocom-2020-12-31.xsd#econocom_OperatingExpenses" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OperatingExpenses_label_labelfr" xml:lang="fr">Charges opérationnelles</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpenses" xlink:to="OperatingExpenses_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="RestatedEquity" xlink:href="econocom-2020-12-31.xsd#econocom_RestatedEquity" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="RestatedEquity_label_labelfr" xml:lang="fr">Capitaux propres retraités à N-1</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatedEquity" xlink:to="RestatedEquity_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="DisposalOfLongtermFinancialAssets" xlink:href="econocom-2020-12-31.xsd#econocom_DisposalOfLongtermFinancialAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="DisposalOfLongtermFinancialAssets_label_labelfr" xml:lang="fr">Cession d'immobilisations financières</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalOfLongtermFinancialAssets" xlink:to="DisposalOfLongtermFinancialAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="EliminationOfTheImpactOfResidualInterestOnLeasedAssets" xlink:href="econocom-2020-12-31.xsd#econocom_EliminationOfTheImpactOfResidualInterestOnLeasedAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="EliminationOfTheImpactOfResidualInterestOnLeasedAssets_label_labelfr" xml:lang="fr">Élimination de l’impact des intérêts résiduels donnés en location</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliminationOfTheImpactOfResidualInterestOnLeasedAssets" xlink:to="EliminationOfTheImpactOfResidualInterestOnLeasedAssets_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="BuyingBackOfConvertibleBondsOCEANE" xlink:href="econocom-2020-12-31.xsd#econocom_BuyingBackOfConvertibleBondsOCEANE" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="BuyingBackOfConvertibleBondsOCEANE_label_labelfr" xml:lang="fr">Rachats d'OCEANE</link:label>
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