Emmanuel Macron

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Macron warns ‘we are at war’ as France unveils $50 billion in coronavirus measures

France will spend 45 billion euros ($50 billion) to help small businesses and employees struggling with the coronavirus outbreak, the country’s finance minister announced Tuesday, after President Emmanuel Macron declared “we are at war” against the virus.

Speaking in a televised address late Monday, Macron told the French people they are only allowed outside their houses for essential trips, such as to buy food and medicines, for a period of two weeks. He also said the French army will be moving coronavirus patients from overwhelmed regions to other parts of France, where there’s spare capacity to take care of people; and that there will be “unlimited” state financial aid for businesses.

Source: CNBC

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