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France: Government modifies wage subsidy schemes to include local or regional businesses affected by localized lockdowns (COVID-19)

Description

On 15 December 2020, the EU approved one EUR 4.1 billion (approx. USD 5 billion) French state aid measure that modifies the work schemes put in place since June 2020 (see related state act). The objec...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2021

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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