France aims to help SMEs with $3.5 billion aid: Sud Ouest

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France aims to help SMEs with $3.5 billion aid: Sud Ouest
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The French government's economic recovery plan, which will be unveiled later this month, will entail 3 billion euros ($3.5 billion) in aid for small- and medium-sized enterprises (SMEs), the Sud Ouest reported citing Finance Minister Bruno Le Maire.

FILE PHOTO: Bruno Le Maire, French Minister of the Economy, Finance, and Recovery, wearing a protective face mask, leaves following the last weekly cabinet meeting before summer vacation break, at the Elysee Palace in Paris, France, July 29, 2020. REUTERS/Benoit Tessier

“A lot of the SMEs were in good financial health before the crisis, and will have the means to pay back their debts. But for some others, debt is a major topic which we want to tackle head-on,” Le Maire told the regional paper in an interview published on Thursday.

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