This year’s “Choose France” event – an annual summit aimed at attracting foreign investment to France – will result in 15 billion euros ($16.2 billion) worth of foreign investments, up from last year, said the French presidency on Monday.
That amount represents an increase from last year’s summit, which brought in 13 billion euros worth of foreign investments.
President Emmanuel Macron kicks off the event on Monday.
The summit is aimed at burnishing Paris’ reputation as a leading European business centre as France – the euro zone’s second-biggest economy – faces headwinds over its budget deficit and tepid first-quarter economic growth.
via Reuters
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