The Local
June 13, 2018
The French government has announced the first major privatisations under President Emmanuel Macron which will be used to finance a new innovation fund and pay down the country's public debt.Under a draft law unveiled late Tuesday, the government plans to lower its shareholdings in airport operator Aeroports de Paris, gaming monopoly Francaise des Jeux and energy group Engie by an undisclosed amount.
Economy Minister Bruno Le Maire said the state holdings were worth an estimated 15 billion euros ($17.6 billion) and most of the proceeds of the sales will go towards a state fund for promoting innovative technologies.
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https://www.thelocal.fr/20180613/france-pushes-ahead-with-first-raft-of-privatizations
