Saturday, September 14, 2013

Hollande turns to robots, driverless cars to revive French industry | Reuters

French President Francois Hollande (L) and Minister for Industrial Recovery Arnaud Montebourg visit an exhibition on French industrial design and technology at the Elysee Palace in Paris September 12, 2013. REUTERS/Charles Platiau





Hollande turns to robots, driverless cars to revive French industry | Reuters: "(Reuters) - Francois Hollande laid out a 10-year roadmap on Thursday to revive French industry by promoting new technologies to drive job creation, but which offered little public money from stretched state coffers.

The Socialist president, whose 2014 national budget next month will focus on curbing spending, vowed to turn back what he called a 'lost decade' of conservative rule in which some 700,000 jobs fled domestic industries.

But the scheme will rely heavily on private investment and the government will act mostly as a coordinator to spur growth in 34 priority areas, from driverless cars to electric planes and a new generation of high-speed trains."

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