France plans spring sell-off with raft of privatisations | WHAT REALLY HAPPENED


France plans spring sell-off with raft of privatisations

French President Emmanuel Macron is planning a spring clear out with a raft of privatizations - said to be the biggest in a decade - that the state hopes will raise €10 billion.

President Emmanuel Macron is planning to sell off state assets in various companies in a bid to raise €10 billion, according to Les Echos newspaper.

The spring sell-off could see the state sell part or all of its stakes in the capital's airports Orly and Charles-de-Gaulle as well as energy group Engie and the national lottery (Française des Jeux - FDJ).

The aim of the controversial privatizations is to raise €10 billion in funds for innovation, which was part of Macron's election campaign promise to make France the "digital champion of Europe".

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