France to expand financial aid for companies hit by COVID-19 pandemic


Reuters | Paris | Updated: 03-01-2022 17:59 IST | Created: 03-01-2022 17:24 IST
France to expand financial aid for companies hit by COVID-19 pandemic
Bruno Le Maire Image Credit: Wikipedia
  • Country:
  • France

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback