French economy minister welcomes Paulson plan

Sat Oct 4, 2008 10:07am BST
 
Email | Print | | Single Page
[-] Text [+]

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)

 
Zhu Zhu pet
Can I have one for Christmas?

The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri.  Full Coverage 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos