French lower house approves €110 billion emergency budget  

  18 April 2020    Read: 1134
French lower house approves €110 billion emergency budget
 

Reacting to an "economic emergency" due to the coronavirus pandemic and concomitant lockdown measures, the French National Assembly in an overnight vote late Friday into early Saturday approved a €110 billion emergency budget, AzVision.az reports citing France24. 

The Senate is expected to vote on the budget bill Tuesday.

In a second financial amendment bill since the coronavirus crisis began, the French lower house approved a €110 billion budget plan, which includes bonuses for medical staff, funds to help struggling workers and families, and aid to businesses including strategic industries such as aviation and car manufacturing.

Members of the centre-right Republican Party and the Socialist Party, both in opposition, approved the text – unlike France’s far-left Communist and France Unbowed parties.

 


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