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France details new 12.8 million euros aid for autos and aero sectors

Published 10/05/2020, 05:32 AM
Updated 10/05/2020, 05:35 AM
© Reuters. Informal Meeting of Ministers for Economics and Financial Affairs in Berlin

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Monday that 13 projects would receive a combined 12.8 million euros ($15 million) in investment to help the country's automobile and aeronautics sectors modernise and deal with the impact of COVID-19.

Le Maire said in a statement that the 12.8 million euro investment package would include 9 million euros in subsidies.

© Reuters. Informal Meeting of Ministers for Economics and Financial Affairs in Berlin

($1 = 0.8511 euros)

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