Original title: French economic recovery plan approved by the European Union is vital to French economic recovery Source: CCTV News Client
On the 23rd local time, European Commission President Von der Lein announced in Paris that the French economic recovery plan had been approved by the European Commission.
French President Macron held talks with visiting Von der Lein that afternoon. At a press conference after the talks, Von der Lein stated that the European Commission supports France’s economic recovery plan. The EU funding for France will help France achieve green and digital transformation and make the French economy more competitive and resilient.
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. (Headquarters reporter Jia Yanning)
(Edited by Xiaohui Wang)
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