PARIS (AP) â¿¿ The French government has promised â¿¬20 billion ($25 billion) in tax credits to businesses as part of a "competitiveness pact" that it hopes will spark innovation and lower unemployment, but falls short of calls in a recent report for a "shock" to the economy.The announcement of the plan Tuesday came a day after a government-commissioned report â¿¿ by Louis Gallois, former head of Airbus parent EADS â¿¿ said the country's ailing economy needed a big kick to stay globally competitive.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts