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France Gives EUR30 Million to Aid Ferry Companies

marinesalvage by marinesalvage
December 20, 2020
in Law & Regulations
0
France Gives €30 Million to Aid Ferry Companies

© markuk97 / Adobe Stock

© markuk97/ Adobe Stock

The French federal government will certainly compensate 30 million euros ($ 35.5 million) in pay-roll expenses to French ferryboat business struck by the coronavirus situation and also Brexit, Prime Minister Jean Castex informed parliament.

Shipping companies have actually dealt with reduced web traffic to and also from Britain because of quarantine procedures and also unpredictability around Britain’s departure from the European union.

“We have decided to reimburse all of Brittany Ferries’ payroll costs for the 2021 financial year. This represents a commitment of around 15 million euros,” Castex claimed, including that an equal quantity would certainly be supplied to various other ferryboat business.

(Reporting by Elizabeth Pineau and also Maya Nikolaeva; editing and enhancing by David Evans)

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