May 25, 2018 / 6:21 PM / a year ago

France yet unable to gauge the impact of debt relief for its railway operator - finance minister

PARIS (Reuters) - France’s Finance Ministry said on Friday it was not yet possible to measure the impact on public finances of the debt relief the government offered to national railway operator SNCF.

Prime Minister Edouard Philippe offered to absorb 35 billion euros ($41 billion) out of a 47 billion euros debt pile held by SNCF as part of efforts to end a rail strike at the operator.

Reporting by Mathieu Rosemain and Sophie Louet; Editing by Matthew Mpoke Bigg

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