3/27, 4:21 PM (Source: TeleTrader)
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Firms seeking govt help shouldn't pay dividends - Le Maire

French Minister of the Economy and Finance Bruno Le Maire disagreed with dividend payout by the domestic companies that have previously asked for assistance from the government.

In addition, he will suggest to Prime Minister Edouard Philippe on Friday that the practice should be prohibited, according to the French presidential press service.

Also, the country's Minister of Labour Muriel Penicaud has sought today that firms with any government ownership should stop handing out dividends and show "solidarity".

Breaking the News / MS