- Euro Stocks Rebound; Rate Cuts Expected
- MGA Ordered to Stop Selling Bratz Dolls
- Euro Stocks to Open Flat before Rate Decisions
- Nomura to Cut Up to 1,000 Positions in London
- Capital One to Purchase Chevy Chase
- Australia Economy Injured as Vehicle Sales Crash
- Japan Faces Deep Recession, Central Banks Cut Rates
- Banks Throw Babcock & Brown a Lifeline
- Japan Capex Data Signals Downward Revision in GDP
- Lightning Round: Microsoft, Motorola, NYSE and More
- Lightning Round OT: Hertz, Textron and More
- Mad Mail: Cramer's Plan for the SEC
- The Plaxico Burress Good Judgment Award
- Cramer's Call on Celgene
- Your First Move For Thursday December 4th
- Web Extra: Fast & Furious Trades For Thursday
- Cramer's M&A Plays
- Retailers Move Market?
- Swedish Riksbank cuts interest rate by 1.75 points
- UK new car sales down 37 percent in November
- China's currency slips vs dollar as officials meet
- China's Okay Airways suspends flights for 1 month
- Feds nix plan to sell Detroit houses tied to drugs
- Honda to cut jobs in UK, Japan amid global slump
- France to unveil economic stimulus package
- Credit Suisse cuts 5,300 jobs worldwide
- IMF Says Vietnam's growth to slow to 5 percent
- Japan suspends soft loans for Vietnam
France to unveil economic stimulus package
Text Size 
PARIS - The struggling French auto and construction sectors are expected to be among the main beneficiaries of an economic stimulus package that President Nicolas Sarkozy will unveil later Thursday.
The package is expected to be worth around euro20 billion ($25 billion). Sarkozy is traveling to the town of Douai in France's industrial north to present the details.
France's stimulus measures form part of a proposed euro200 billion ($252 billion) European Union package to boost the bloc's economy through spending and tax cuts.
France's economy is being buffeted by the global financial crisis, and its auto sector has been particularly hard-hit.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print
Email
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes