France unveils €100 billion economy ‘reboot’ rescue plan

Facing resurgent virus infections, France's government unveiled details Thursday of a €100 billion ($118 billion) recovery plan aimed at creating…

Facing resurgent virus infections, France’s government unveiled details Thursday of a €100 billion ($118 billion) recovery plan aimed at creating jobs, saving struggling businesses and pulling the country out of its worst economic slump since World War II.

“The ambition and size of this plan are historic,” Prime Minister Jean Castex told reporters after a cabinet meeting backed a stimulus package that promised 160,000 new jobs next year as part of a recovery plan worth €100 billion.