France 24 reports:
France said on Friday it was readying a “historic” package of multi-billion euro loans to help carmaker Renault and flag-carrier Air France through the crisis caused by the coronavirus.

For Air France, a seven billion euro ($7.5 billion) package is planned and for Renault five billion euro ($5.4 billion), Finance Minister Bruno Le Maire announced.
He said the package was needed to save Air France amid an unprecedented industry crisis but warned the money would come …

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Source: The Loadstar