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France details new 12.8 million euros aid for autos and aero sectors

FILE PHOTO: An employee works on the automobile assembly line of Bluecar electric city cars at Renault car maker factory in Dieppe, western France, September 1, 2015. REUTERS/Philippe Wojazer/File Photo

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Monday that 13 projects would receive a combined 12.8 million euros (11.6 million pounds) in investment to help the country’s automobile and aeronautics sectors modernise and deal with the impact of COVID-19.

Le Maire said in a statement that the 12.8 million euro investment package would include 9 million euros in subsidies.

Reporting by by Matthieu Protard; Editing by Hugh Lawson

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