Tuesday, January 4, 2022

France expands financial aid for businesses impacted by pandemic

Global News Channel on Youtube shows that French Finance Minister Bruno Le Maire announced Monday that the country would spend approximately 100 million Euros to expand financial aid for companies hit hard by the coronavirus pandemic. 

Additionally, France will lower the threshold for companies to claim state support for turnover losses. Also, businesses in the tourism industry in particular will be eligible for help to cover losses linked to COVID-19 restrictions. 

As of Monday, consumption of food and drink was banned on public transport, as well as in movie theatres. In bars and restaurants, patrons will have to be seated to consume food and drink.

The seven-day rolling average of new cases in France has reached a new all-time high of 162, 041, jumping almost 5-fold in a month.

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