Renault loan still not signed, site closures must be last resort: Le Maire

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French Finance Minister Bruno Le Maire on Thursday said that the government had yet to sign off on a planned 5 billion euro (US$5.5 billion) loan ...

French Finance Minister Bruno Le Maire on Thursday said that the government had yet to sign off on a planned 5 billion euro loan for Renault , and that the carmaker's site closures and job cuts could only ever be a last resort.

FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a presentation of the details for the end of the country's lockdown imposed to curb the spread of the coronavirus disease , at the Hotel Matignon in Paris, France May 7, 2020.

 

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