| Author (Person) | Hall, Ben |
|---|---|
| Series Title | Financial Times |
| Series Details | 19.11.09 |
| Publication Date | 19/11/2009 |
| Content Type | News |
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The French state tradition of economic activism will get a new lease of life with proposals announced on the 19 November 2009 to invest €35bn of government borrowing in long-term research and industrial projects designed to lift the country’s trend rate of growth. The 'national bond' is Nicolas Sarkozy’s flagship initiative for the second half of his Presidency. It is intended to mobilise public support around a spending programme to boost competitiveness at a time when public confidence in economic recovery is low. |
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| Countries / Regions | France |
