Reuters, 03/04 14:38 CET
President of France, Francois Hollande, delivers a speech. EFE / File
Paris, April 3rd ( EFE ) .- The president of France, François Hollande, today announced a set of measures that accelerate country growth and promote job creation, and said the government accords priority to increased investment.
“We should have even higher goals. If we want to create jobs must be more than 1% growth. The investment is therefore a priority, “he said on a trip in the Oise department in northern France.
His announcement came a day after the Organization for Economic Cooperation and Economic Development ( OECD ) in its latest report on the country, foresaw an increase of 1.1% of GDP this year and 1.7% in 2016, but considers that the current outlook not allow a significant drop in the unemployment rate.
The agency pointed to France to record the medium term stronger growth requires action “more ambitious” to reform the labor market, reduce public spending and create jobs.
Hollande said today that the government will take responsibility and advanced the implementation of a fiscal mechanism ” exceptional “for investment aid.
” To all the companies that decide to accelerate their projects go faster to invest, be accorded a fiscal device that will improve your cash flow and profitability of the operation ” stressed in his speech.
The president also announced that insurers have created a fund of 500 million euros to invest in the capital of enterprises, and explained that will be operational from next month.
It also revealed that loans Public Investment Banking ( BPI ), dedicated to finance small and medium enterprises, will be increased to 8,000 million euros compared to 1,700 million unlocked for that purpose in 2014.
These ads will be followed on Wednesday a new battery of measures presented by the Prime Minister, Manuel Valls, following a tip from ministers and a government seminar which will focus on growth.
euronews published from Reuters as, but not involved in the published articles.
Copyright 2015 EFE.
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