Business
France to expand financial aid for companies hit by COVID-19 pandemic
Published by maria gbaf
Posted on January 4, 2022
1 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on January 4, 2022
1 min readLast updated: January 28, 2026
France will provide 100 million euros in aid to companies affected by COVID-19, with a focus on the tourism sector, as announced by Finance Minister Bruno Le Maire.
PARIS (Reuters) -France will spend about a hundred million euros to expand financial aid for companies hit by the COVID-19 pandemic, Finance Minister Bruno Le Maire said on Monday.
This will include lowering the threshold for companies to claim state support for turnover losses, he said, adding that all businesses in the tourism sector, in particular, will be eligible for help to cover costs linked to COVID restrictions.
“We will always be there,” he said.
(Reporting by Tassilo Hummel; Writing by Ingrid Melander; Editing by Kevin Liffey)
The article discusses France's expansion of financial aid for companies affected by the COVID-19 pandemic, particularly in the tourism sector.
Finance Minister Bruno Le Maire announced the expansion of financial aid.
The tourism sector is specifically mentioned as eligible for the new financial aid.
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