Sarkozy launches a new rescue fund

Article reports that President Nicolas Sarkozy earmarked €20bn for a new state investment fund to protect France’s strategic industrial assets from the credit crunch or foreign takeover, November 2008.

ESO: Background information: Sarkozy calls for European wealth funds http://www.europeansources.info/record/sarkozy-calls-for-european-wealth-funds/

ESO: Background information: Sarkozy plans new French wealth fund http://www.europeansources.info/record/sarkozy-plans-new-french-wealth-fund/

France24, 20.11.08: Sarkozy rolls out 20bn euro rescue fund http://www.france24.com/en/20081120-sarkozy-unveils-20-billion-euro-sovereign-wealth-fund-france-financial-crisis

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