French President Francois Hollande declares state of emergency
Q. French President Francois Hollande has declared what type of emergency to redefine the country’s socio-economic model?- Published on 20 Jan 16a. Social
b. Economic
c. Both a and b
d. Neither a nor b
ANSWER: Both a and b
French President Francois Hollande has declared a state of emergency that is asocial and economic for redefining the economic and social model. Hollande has unveiled a euro 2 billion plan to catch up with fast moving economies of the world. As per the scheme, which lasts for two years, companies with less than 250 people will receive 2000 euro bonus for every new employee.
