France's parliament approves emergency budget
- Country:
- France
France's lower house of parliament approved an emergency budget overnight that takes into account the government's 110 billion euro (USD 120 billion) plan to save the economy from virus-related collapse
The budget includes bonuses for medical staff, funds to help struggling workers and families, and aid to businesses including strategic industries like aviation and car manufacturing
The bill goes to the Senate on Tuesday. The government has warned that France's economy, one of the world's biggest, could shrink 8 percent this year and see its worst recession since World War II.
ALSO READ
-
UN Experts Warn Children Reporting Sexual Abuse in France Still Face Risks in Court
-
France Plans Housing Hub to Unlock European Funding and Technical Expertise
-
AfDB and France Build €2.4 Billion Partnership for Jobs and Growth
-
The Azcatitlan Codex Returns: A Historical Reunion After 183 Years
-
France's Ambitious Plan to Tame Deficit Amid Protests
Google News