French anti-crisis package to cost 110 billion euros: finance minister By Reuters

© Reuters. FILE PHOTO: French Economy and Finance Minister Bruno Le Maire at the Bercy Finance Ministry in Paris

PARIS (Reuters) – The French government has hiked the expected cost of its measures to support the economy though the coronavirus crisis to 110 billion euros ($120.6 billion), its finance minister said on Wednesday.

“We are going to go from 45 billion euros in a first economic support plan … to about 110 billion euros,” Bruno Le Maire said on RTL radio, confirming a Reuters report.

He added that the package included 20 billion euros to help big companies and said that support would be offered to Air France KLM in the coming days.

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by : Reuters

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