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Added on the 14/05/2020 17:56:37 - Copyright : France 24 EN
French Prime Minister Édouard Philippe announced a “Marshall” plan for the tourism sector of up to €18 billion euros to save the industry, hardly hit by the coronavirus pandemic. Tourism is “a national priority”, Philippe said, as the sector represents 7% of the country’s GDP and 2 million jobs. “This is good news and gives the tourism sector a bit hope”, Michael Dodds, director of Normandie Tourisme, told FRANCE 24.
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The French economy shrank by a massive 13.8 per cent in the three months to June as lockdown measures to curb the spread of COVID-19 hit hard.
The French government unveiled its “Marshall plan” for the country's tourism sector, which has been hit hard by the coronavirus crisis and the resulting shutdown in tourist attractions and hotels. “It constitutes a pledge of more than €18 billions of financial aid from the state”, PM Edouard Philippe announced. France is the World’s No 1 touristic destination, as the sector represents 7% of the country’s GDP and up to 2 million jobs. “An unprecedented plan”, FRANCE 24’s Alison Sargent reports.
France will spend about a hundred million euros to expand financial aid for companies hit by the Covid-19 pandemic, Finance Minister Bruno Le Maire said on Monday. FRANCE 24's Emerald Maxwell reports.
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