The government plans the low-interest loans by 2030 and a further €1 billion (about $1.1 billion) for universities by 2029, in response to nationwide protests.
France’s government plans €4 billion (about $4.5 billion) in low-interest loans for school renovations by 2030 and a further €1 billion (about $1.1 billion) for universities by 2029 in response to nationwide protests over the rising cost of living, DW said. The measures are planned support, not funding established as already allocated or delivered.
The plans come as rising borrowing costs put pressure on France’s public finances. Higher interest rates mean more of the national budget must go toward paying interest on debt, and France must refinance bonds issued when rates were much lower.
DW’s report does not supply eligibility conditions for the school loans, implementation start dates or an underlying government document.
Student unions estimated that 250,000 people joined the nationwide demonstrations against rising living costs and in support of the youth movement.
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The cases concern alleged police misconduct at cost-of-living protests and remain under investigation.
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The CGT union put provisional turnout at 1.57 million as workers and students pressed for higher wages and better public services. Prime Minister Sébastien Lecornu announced talks with unions and employers for 9 November.
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