France nears 1-billion-euro crisis fund for aero suppliers - sources
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PARIS (Reuters) - French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could invest 200 million euros, people familiar with the proposals said on Wednesday.The scheme mirrors government-backed plans in France to help the automobile sector and comes as the aerospace industry seeks funding to help suppliers to overcome the coronavirus crisis.Aircraft production has virtually halted since..