FRANCE - French government to allocate additional EUR 2bn to benefit SMEs

According to press reports, annual contributions ranging from EUR 25-200m will be allocated to private partners AGF, AXA, Caisses D'Epargne, Groupama, Natexis-Banques Populaires, Société Générale and institutional partner CDC. Partners will create dedicated investment vehicles for this purpose. The programme, called France Investissement, will be overseen by an orientation board, chaired by René Ricol.

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