aid to businesses will continue “as long as the health restriction measures are maintained”, assures Bruno Le Maire

A matter of “justice”. Aid for businesses affected by health restrictions will continue “as long as the health restriction measures are maintained”, assured the Minister of the Economy on Public Senate, Friday, January 21. Nightclubs, for example, which will remain closed until February 16, “will benefit from all the aid: fixed costs, partial activity, the measures which have been announced on the payroll”.

Bruno Le Maire also recalled the new repayment terms for state-guaranteed loans (PGE) taken out in spring 2020 to deal with the consequences of the health crisis. Thus the companies most in difficulty for their repayment deadlines will be able to spread them over a longer period, up to 10 years, or to shift their first payment by 6 months. “Support for restaurateurs, tourism, events, nightclubs, these are supports that are perfectly legitimate, it amounts to 100 or 120 million euros” for the measures on fixed costs, he detailed, specifying that he did not yet have the amount for the measures on partial activity.

Covid-19: economic aid will end with the removal of health restriction measures, says @BrunoLeMaire “I will maintain sectoral aid as long as the health measures are maintained” #HelloHome pic.twitter.com/5MqO20A1sL

— Public Senate (@publicsenat) January 21, 2022