French crisis measures have cost 450 bln euros, finance minister says

PARIS (Reuters) - French government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros (£402 billion), the equivalent of 20% of gross domestic product, the finance minister said on Monday.Since mid March, the government has implemented a package of measures, including state-subsidised furloughs, state-guaranteed loans, tax deferrals and handouts to small businesses."If we take everything that has been done with the budget and in support of businesses'..