France\'s Prime Minister Francois Fillon has unveiled a 26 billion euro plan in an effort to revitalize the French economy.



The package includes 11 billion euros to help businesses improve their cash flows and 4 billion to improve infrastructure and public services.



Another 11 billion euro is also to be set aside for direct state investment.



The rescue plan follows the pronouncement by Finance Minister Christine Lagarde that France is likely to fall into recession at some point.



The government expects the stimulus package to produce economic growth of about 1.3 percent.



However the Finance Minister said this would not be enough to offset the impact of the global downturn this year.



The International Monetary Fund has forecast a contraction in the French economy of 1.9 percent this year.