Slammed by Virus, France Unveils Huge Economic Rescue Plan

09/03/2020

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Angela Charlton | Associated Press

PARIS (AP) — Facing resurgent virus infections, France’s government unveiled a 100 billion-euro ($118 billion) recovery plan Thursday aimed at creating jobs, saving struggling businesses and yanking the country out of its worst economic slump since World War II.

The massive plan includes money to bring back manufacturing of medical supplies to French factories, develop hydrogen energy, help museums and the cinema industry, train young people for 21st century jobs and hire more staff at unemployment offices.

“It’s an important step for our strategy in the fight against the economic and social consequences of the crisis that hit France,” Prime Minister Jean Castex said.

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