Published 11:10 IST, June 15th 2020
Macron says accelerating France’s exit from lockdown for greater economic independence
French President Emmanuel Macron said that he was accelerating the country's exit from the lockdown while highlighting how France needed to be more self reliant
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French President Emmanuel Macron on June 14 said that he was accelerating country's exit from lockdown while highlighting how France needed to be more self-reliant. France's ecomy plunged into recession in first quarter of year due to pandemic with hundreds of people being sacked by global companies.
Cafes to fully open
Making a television dress to country, French Leer anunced that all restaurants and cafés would be allowed to re-open from June 15. In dition, visitors from all European Union nations would also be allowed to inside country, a move to give respite to worst affected hospitality industry. Talking about his 500 billion euro aid to keep people in jobs and business afloat, he said that cost of it would t be passed to taxpayers.
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According to latest tally by John Hopkins University, France has reported 1,94,153 cases and 29,410 fatalities as of w. Meanwhile, Macron asserted that coronavirus pandemic has exposed “flaws and fragility” of France’s and more broly Europe’s over-reliance in global supply chains for t only automobiles and smartphones but also pharmaceuticals. dressing issue, Macron said that only answer to it was to build a "stronger ecomic model, to work and produce more" and t rely on ors.
COVID-19 has led to worst ecomic recession in France since World War 2. It has also forced Macron to suspend his ecomic drive to accelerate ecomic growth, deregulate ecomy and create jobs. According to experts, country’s ecomy is expected to shrink by 11 per cent in 2020. In his dress, Macron also revealed that he would lay out a detailed blueprint for final two years of his mandate in July.
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11:10 IST, June 15th 2020