French Finance Minister Seeks Budget Stability, Backs Robotics Investment Incentive

Speaking at the annual conference of the Medef business federation on Thursday, Lescure said he would push to maintain the research tax credit and the so-called Dutreil regime, which gives tax breaks to company owners who bequeath assets to their children. He also said the government will propose a new enhanced depreciation allowance to encourage investment in robotics.

Lescure did not provide specific figures or timetables for the budget measures in the remarks reported by Bloomberg. The comments come as France faces pressure to narrow its budget deficit while trying to support business investment.