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France govt gives hints on stimulus plan to be unveiled next week

Measures will include 2 billion euros for the cultural sector, Prime Minister Jean Castex said in an interview on France Inter radio

Emmanuel Macron
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The prime minister said last month that French industry would receive 40 billion euros in help, which President Emmanuel Macron said would provide an opportunity to build a greener economy

Bloomberg
France’s government gave further hints on Wednesday about the contents of its 100 billion-euro ($118 billion) plan to boost the economy as it seeks to reassure the country it has the situation under control.
 
Measures will include 2 billion euros for the cultural sector, Prime Minister Jean Castex said in an interview on France Inter radio. Initially due earlier this week, full details of the stimulus package will be announced on Sept. 3, he added.
 
France is loosening the purse strings to get the economy back on its feet after months of efforts to stop the progression of the Covid-19

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First Published: Aug 27 2020 | 1:40 AM IST

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