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Macron unveils 30-bln euro plan for innovation and industrial revival

Macron unveils 30-bln euro plan for innovation and industrial revival

13 Sept 06:06 Key points summarised by AI
  • President Emmanuel Macron launched a 30-billion euro "France 2030" investment plan to ignite innovation and foster industrial revival.
  • The ambitious plan targets French leadership in green hydrogen, the development of low-carbon aircraft, and the construction of small modular nuclear reactors by 2030.
  • It aims to decarbonize industry, boost domestic production in vital sectors like electric vehicles, biomedicine, and semiconductors, and enhance national "productive independence."
  • The initiative, unveiled months before a presidential election, faced criticism from opposition parties as electoral campaigning and from environmental groups as offering "false solutions."
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