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France to scale down emergency aid and balance the books on Covid
RFI
28 May 2021, 04:16 GMT+10
France s Covid-hit businesses are set to reap an extra 15 billion euros in emergency funds intended to help heal the economy. But despite digging into its pocket once again, the government has indicated it s time to balance the books on the cost of recovery.
The latest aid - targeted at restaurants, bars, hotels and other businesses suffering from a lack in tourism -will help mark a transition to a return to normality, says the man in charge of public accounts, Olivier Dussopt.
Announcing the measure Wednesday in an interview alongside Economy Minister Bruno Le Maire, Dussopt said the money would help finance a gradual exit from the emergency bailouts that have propped up the sector for more than a year.
France to scale down emergency aid and balance the books on Covid
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27/05/2021 - 19:09 Economy Minister Bruno le Maire (left) makes a coffee stop at in Paris on May 19, 2021 the day France eased Covid-19 lockdown restrictions for restaurants and bars with outdoor seating. Blondet Eliot/ABACA via Reuters - Blondet Eliot/ABACA 3 min France’s Covid-hit businesses are set to reap an extra 15 billion euros in emergency funds intended to help heal the economy. But despite digging into its pocket once again, the government has indicated it’s time to balance the books on the cost of recovery. Advertising
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