State Aid State Aid

French Covid-19 money to support European champions, Castex says

By Arezki Yaïche
  • 15 Jul 2020 11:44
  • 15 Jul 2020 11:44

French companies in strategic sectors will get 40 billion euros ($46 billion) of the 100 billion-euro Covid-19 recovery fund to reduce the country’s dependence on foreign competitors, Prime Minister Jean Castex has said.

His comments build on a commitment by President Emmanuel Macron and German Chancellor Angela Merkel to boost the

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