The compensation ceiling for businesses that remain closed due to the pandemic will be increased to 200,000 euros per month, announced Bruno Le Maire on Saturday, November 28, during a trip to traders in Reims, where he was accompanying the Prime Minister Jean Castex.
The government announced on Wednesday a new support system for closed businesses, which includes compensation for up to 20% of their turnover compared to that achieved last year during the same month. This support, initially capped at 100,000 euros, will therefore be doubled.
“If the restaurants remain closed until the end of the year, it will be dramatic”
Designed in March to support smaller businesses and self-employed workers, the solidarity fund provides for the payment of a monthly allowance to compensate for part of their loss of activity linked to activity restrictions.
No limit of employees
Since October 30, it has compensated for the loss of turnover up to 10,000 euros for closed companies with less than 50 employees, or for those in the tourism sectors and related activities (catering, events, culture) whose turnover business is down at least 50% compared to the same period in 2019.
From December, this aid becomes available to closed businesses whatever their size, and the largest will be able to choose an aid representing 20% of their turnover achieved over the same period last year, which will therefore be capped at 200,000 euros.
Precarious workers, young people, companies … the new aid planned by the government
“Those who were left out are the biggest restaurants, those who have three or four restaurants, these are the hotels with a lot of employees, explained the Minister of the Economy. They are entitled to this new form of the solidarity fund […] without any limit of employees. You can have 200, 300, 400 or 1,000 employees, you are eligible for this solidarity fund with a percentage of turnover and a compensation ceiling which has been raised to 200,000 euros per month. “
Bruno Le Maire announces an extension of the ceiling of the solidarity fund to 200,000 € per month, in particular for the… https://t.co/5fW8i0NOuI
“It is massive compensation, immediate from the beginning of December and which makes it possible to support the entire hotel sector, cafes, restaurants but also sports halls, all those who are the first victims of this health and economic crisis ”, he stressed again.
Guest on BFMTV on Saturday, the spokesperson for the collective “Let’s stay open”, Stephane Manigold, greeted a ” good news “. “For the month of December and January, we are in accordance with the promise of the President of the Republic of“ whatever the cost ”. “” There remains just one variable, it is the paid vacation “, he added, hoping for a “Positive signal” from the Minister of Labor Muriel Pénicaud next week.