France Pledges $50 Billion in Aid for Businesses as Country Goes Under Lockdown

PARIS—France is promising €45 billion ($fifty.sixteen billion) in instant support for enterprises and personnel hit by the coronavirus pandemic, which is slowing or shutting down swaths of the global financial state.

French Finance Minister Bruno Le Maire, talking Tuesday early morning in a radio job interview, said that his provisional predictions clearly show the response to the coronavirus will slash 1% from France’s gross domestic solution in 2020. The govt designs to existing a revised spending budget legislation for 2020 with the new prediction afterwards Tuesday, Mr. Le…