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France sees recession, announces 45 bn euros in virus business aid

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The government, due to present a series of further support measures shortly, will base them “on a growth forecast of minus one percent, that is to say, negative growth,” Coronavirus France Recession COVID19

The government, due to present a series of further support measures shortly, will base them “on a growth forecast of minus one percent, that is to say, negative growth,” Le Maire told RTL radio.Le Maire described the struggle against the coronavirus pandemic as an “economic and financial war” that will last some time.

“It will be lengthy, it will be violent… this war will require us to mobilise all our forces,” he said.

 

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