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France’s economic recovery plan is approved by the European Union with a total of 100 billion euros

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France’s economic recovery plan is approved by the European Union with a total of 100 billion euros

2021-06-24 07:12

Source: Securities Times

Author: Song Tenghu

Securities Times

Song Tenghu

2021-06-24 07:12

Securities Times.com, according to CCTV news, on the 23rd local time, European Commission President Von der Lein announced in Paris that the French economic recovery plan was approved by the European Commission. French President Macron stated that the European Union will provide France with nearly 40 billion euros in funding before 2026, which is very important for France’s economic recovery. France’s economic recovery plan will mainly focus on green and digital transformation, promotion of corporate competitiveness and youth employment, with a total funding of 100 billion euros, of which 39.4 billion euros will be allocated by the European Union. According to news from the French Presidential Palace, the EU’s first 5 billion euro funds will be disbursed in August this year.

Disclaimer: The Securities Times strives for truthful and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. The operation is at your own risk accordingly.

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