Economics

France Unveils Resilience Plan Aiding Energy-Intensive Companies

Government expects to spend around EU3 billion on grants
Prime Minister Castex says plan will evolve over time

Prime Minister Jean Castex
Photographer: Cyril Marcilhacy/Bloomberg

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By William Horobin and Ania Nussbaum

March 16, 2022 at 4:59 PM UTC

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France announced new spending and the reactivation of tools used during the pandemic to cushion businesses and households from surging inflation and the economic tumult from Russia’s war in Ukraine.