French government's crisis measures have cost 450 billion euros - finance minister

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

French government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros ($490 billion), the equivalent of 20% of GDP, the finance minister said on Monday.

Since mid March, the government has mobilised a package of measures including state-subsidised furloughs, state-guaranteed loans, tax deferrals and handouts to small firms.

“If we take everything that has been done with the budget and in support of businesses’ cashflows, it’s 450 billion euros, 20% of the nation’s wealth on the table,” Finance Minister Bruno Le Maire said on BFM TV. He added that President Emmanuel Macron would announce “strong measures” in support of car-makers, the latest industry to get a sector specific plan to help it back on its feet.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Good job!

Listen/download mazi nnamdi kanu's broadcast sunday may 24 2020..pls retweet if u see this so that the whole world will listen

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين