FormyJob
No Result
View All Result
  • Home
  • Banking
  • Investing
  • Insurance
  • Retirement
  • Taxes
  • Home
  • Banking
  • Investing
  • Insurance
  • Retirement
  • Taxes
No Result
View All Result
FormyJob
No Result
View All Result

France lowers its growth forecast due to new restrictions

formyjob by formyjob
April 5, 2021
in Banking, Retirement, Uncategorized
0 0
0
France lowers its growth forecast due to new restrictions
0
SHARES
16
VIEWS
Share on FacebookShare on Twitter

“We are going to review our growth from 6 to 5%”, said the Minister of Economy and Finance, Bruno Le Maire, in the weekly ‘Le Journal du Dimanche’

The French Government lowered the forecast for growth of the country’s economy in 2021 on Monday by one percentage point, to 5%, due to the impact of the new restrictions in force
to stop the pandemic.

“Closing school establishments and 150,000 shops is essential to curb the circulation of the virus, but these measures will have an impact on the economy. We are going to review our growth from 6 to 5%,” said Economy and Finance Minister Bruno Le Maire , in
the weekly Le Journal du Dimanche.

Until now, there was a light confinement in 19 departments, with the closure of non-essential shops or internal travel restrictions, but last Wednesday, the president, Emmanuel Macron, decided to extend it to the entire country.

This extension officially entered into force on Saturday at 7:00 p.m., the usual time for the start of the curfew, and will last for a month.

“I understand the immense concern of the merchants. We will continue to support them. We will allow them to receive a monthly aid of up to 200,000 euros from the Solidarity Fund. We will also compensate part of their unsold reserves. And the rents of the companies that are high
they will be assumed up to a limit of 10 million euros, “he said.

Le Maire specified that the total estimated cost of these aid in April will be 11,000 million euros.

“The presidential promise of ‘whatever the cost will be kept’. It will allow us to recover faster and stronger when sanitary restrictions are lifted,” added the minister. In 2020, the French economy fell 8.2%.

Previous Post

Biden will push his infrastructure plan even without Republican support

Next Post

Bancor launches non-liquidation loans with Vortex as Automated Market Makers continue diversification

Next Post
Bancor launches non-liquidation loans with Vortex as Automated Market Makers continue diversification

Bancor launches non-liquidation loans with Vortex as Automated Market Makers continue diversification

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • How to set up call of duty mobile two-factor authentication?
  • Samsung S95BA OLED Review
  • OnePlus 8T review
  • Notepad T 10s Review
  • What is a lot in cryptocurrency trading?

Recent Comments

    Archives

    • October 2022
    • May 2022
    • November 2021
    • October 2021
    • September 2021
    • May 2021
    • April 2021
    • March 2021

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    FormyJob

    We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

    Categories

    • Banking
    • gaming
    • Insurance
    • Investing
    • Retirement
    • Review
    • Services
    • software
    • sports
    • Taxes
    • Uncategorized

    Follow us on social media

    Recent News

    • How to set up call of duty mobile two-factor authentication?
    • Samsung S95BA OLED Review
    • OnePlus 8T review
    • Home
    • Banking
    • Investing
    • Insurance
    • Retirement
    • Taxes

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    No Result
    View All Result
    • blog
    • Home
    • Privacy Policy

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms below to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In