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Global Trade Alert

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France: EUR 207 million in wage subsidies for employees (COVID-19)

Description

On 29 June 2020, the EU approved a French aid measure consisting of wage subsidies for employees, for a total amount of EUR 207 million (around USD 232.8 million). The measure thus aims to safeguard e...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jun 2020

Revocation date

09 Sep 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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