France Offers Support To Local Businessman

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France offers support to local businessman

Postby Maximus » 26 October 2008


Taking into consideration the crisis, Nicolas Sarkozy decided to create a sovereign fund for serving the local businessman. This is because banks began to less and less issue credits.
The fund will make up about 250 billion dollars.
What do you think about this? Is it similar to the support offered by the USA to its economy.
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Postby tulaka » 27 October 2008

Sarkozy has also decided to exonerate businessmen from taxes on investments. The given measure will cause a 1.28 billion expense to French government.
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