French central banker says lockdown threatens corporate solvency
Share:
PARIS (Reuters) - French companies will emerge from a nationwide lockdown next month with severely strained balance sheets needing government attention, the head of the French central bank said on Thursday.The lockdown in place since mid-March to stem the spread of the new coronavirus is due to be lifted on May 11, although the government has warned that some curbs may be kept in place and not all firms will be able to immediately go back to business.Even before the coronavirus crisis shut down..