On 29 July 2008, reports emerged that the broad financing for the line's construction had been agreed between the various bodies involved. Under this arrangement, the French Government was reportedly set to contribute €990 million, which was to be matched by contributions from the regional government as well; the remaining €1.02 billion was to be provided out of RFF's own resources. By this point, it was being reported that the envisioned high speed line had an increased projected total cost of €3.4 billion, and that roughly 90 per cent of the land required for its construction had been already acquired. The proposed LGV Bretagne-Pays de la Loire was personally highlighted by President Nicolas Sarkozy as one of four grand projects which were to be a recipient of funding under a national economic stimulus package that was issued by his government.