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

Announcement

15 Dec 2020

In December 2020, the European Commission approved a French state aid measure that amends the previous short-term and long-term work schemes to benefit businesses affected the local or regional lockdowns.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2021

Revocation date:

30 Jun 2022

Updated: 15 Dec 2020

Financial grant

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...

Related State Acts

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France: Second budget increase and extension of wage subsidy scheme (COVID-19)

29 Jun 2020

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

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