Restaurants and places of culture will have access to the solidarity fund “regardless of their loss of turnover”


Good news for restaurants, cafes, culture and event companies. In addition to the possibility of partially reopening from mid-May after several months of total closure, they will also be eligible from June to the solidarity fund even if their loss of turnover is less than 50%, announced on Monday 3 May the Minister of the Economy Bruno Le Maire.

“From the beginning of June for hoteliers, for cafes, for restaurants, for the world of culture and shows, for events, you will have access to the solidarity fund regardless of your loss of turnover. “, he said on RTL.

The minister took the example of“A restaurant owner who is reopening but only on the terrace, which will lose 30-40% of its turnover”. “He will be eligible for the solidarity fund with a compensation figure that we will define with the professionals of the hotel, restaurant and cafes from this afternoon. [lundi], before the event sector on Tuesday.

The economy is going “in the right direction”

“We will keep the entire solidarity fund for the month of May”, and that “Even if there are partial reopening from May 19”, also said the minister. He also announced a “Appointment clause” with professionals in these sectors at the end of August to take stock of their situation.

In general, the Minister considers that the economy will “In the right direction because entrepreneurs have taken over the activity head-on, which certain industrial sectors have taken up very well”, like the construction industry, and “Because the recovery plan is working”, with nearly a third of the 100 billion euros already disbursed, he added.

The world’s best forecaster predicts “a fairly strong rebound in the French economy”

Bruno Le Maire was also delighted that with an increase in its gross domestic product (GDP) of 0.4%, France has “The highest growth figure of any European country in the first quarter”. Germany and Spain thus saw their GDP contract in the last quarter, due to a resurgence of health restrictions more important than in France.



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