French Mayor in favor of postponing summer sales

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FILE PHOTO: French Minister of Economy and Finance Bruno Le Maire listens to French Prime Minister Edouard Philippe delivering a speech to present the French government’s plan to cancel the locking of the country’s coronavirus imposed to slow the rate of coronavirus disease (COVID-19) at the National Assembly in Paris France, April 28, 2020. David Niviere / Pool via REUTERS

PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday that he was in favor of postponing summer sales in France by three to four weeks in order to strengthen the cash position of retailers affected by a blockage caused by the coronavirus crisis.

“The traders lost weeks of money. Yes, I am in favor of postponing the summer sales which were to start on June 24 for three to four weeks, “Le Maire told BFM television.

Report by Dominique Vidalon; edited by Jason Neely

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