FRANCE: NICOLAS SARKOZY PRESENTS MEASURES TO SUPPORT ECONOMIC ACTIVITY
October 31, 2008
October 31, 2008
PARIS, France, Oct. 31 - The government of France issued the following news release:
Over three years, "175 billion euro of direct investment" will be injected by the government into economic activity, declared Nicolas Sarkozy in Argonay (Haute-Savoie) on 23 October. In particular, the French President announced the creation of a public intervention fund, which could intervene to support strategic companies in difficulty, as well as a complete exemption from corporation . . .
Over three years, "175 billion euro of direct investment" will be injected by the government into economic activity, declared Nicolas Sarkozy in Argonay (Haute-Savoie) on 23 October. In particular, the French President announced the creation of a public intervention fund, which could intervene to support strategic companies in difficulty, as well as a complete exemption from corporation . . .