(C) Reuters. Coronavirus disease (COVID-19) outbreak in Nice
PARIS (Reuters) – The French government on Thursday unveiled a 1.3 billion euros ($1.4 billion) investment plan for the country’s tourism sector, which has been hit hard by the coronavirus crisis and the resulting shutdown in tourist attractions and hotels.
“What is good for the tourism industry, is often good for the whole of France,” said Prime Minister Edouard Philippe.
Nearly 90 million foreign tourists visited France in 2018, making it the most visited country in the world, according to government data. Tourism accounts for about 7% of France’s 2.3 trillion euro economy.
France unveils 1.3 billion euros investment plan for hard-hit tourism sector
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.