Railway rescue package in France

France is preparing a rescue package to save the state-owned railway company. Transport Minister Jean-Baptiste Djebbari told Le Figaro Newspaper, “There is no problem in the company’s cash flow. However, the state will provide several billion euros. “

Transport Minister Jean-Baptiste Cebbari told the French newspaper Le Figaro that the French state railway company SNCF will provide several billion euros to help get rid of the corona virus crisis.

Cebbari also stated that the government will assist the company through capital increase or an additional loan repurchase.

“There is no cash flow problem in SNCF. However, the state will help this a few billion euros. ”

Cebbari stated that the government would expect “high economic, environmental and social performance” from the SNCF in return for this assistance.

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