French economy minister welcomes Paulson plan

Sat Oct 4, 2008 10:07am BST
 
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PARIS (Reuters) - French economy minister Christine Lagarde on Saturday welcomed the adoption of a U.S. bank rescue plan and hoped it would be implemented soon.

"The Paulson plan brings confidence back, now it needs to be put in place," she said during a visit to the Paris Auto Show.

"We have said that the economic situation is difficult, growth has slowed down sharply and we will end the year with growth around 1 percent," she said.

(Reporting by Matthias Blamont; Editing by Lincoln Feast)

 
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