France unveils $35 bn revival plan
The Hindu
It will focus on developing innovative technology and industrial activity
French President Emmanuel Macron on Tuesday unveiled a five-year, €30 billion ($35 billion) investment plan for developing innovative technology and industrial activity, including building small nuclear reactors, electric cars and greener airplanes.
The goal of the state-funded France 2030 plan is to boost France’s economic growth over the next decade amid growing global competition with China and the U.S., Mr. Macron said. The money will start being spent next year, he said.
“If us, Europeans, and especially us, the French, want to be able to choose our future, it is key that we win... the battle for independence and better living conditions,” Mr. Macron said.
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