France to mobilise $71 billion to help companies as economy contracts amid coronavirus fallout

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

PARIS (REUTERS) - France will mobilise 45 billion euros (S$71 billion) in crisis measures to help its companies, with the economy expected to contract 1 per cent this year due to the coronavirus outbreak, Finance Minister Bruno Le Maire said on Tuesday (March 17).. Read more at straitstimes.com.

PARIS - France will mobilise €45 billion in crisis measures to help its companies, with the economy expected to contract 1 per cent this year due to the coronavirus outbreak, Finance Minister Bruno Le Maire said on Tuesday .

"We are going to mobilise €45 billion as our first immediate economic assistance to companies," he told French RTL radio."We don't want bankruptcies."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines