France Gives €30 Million to Aid Ferry Companies

September 15, 2020

The French government will reimburse 30 million euros ($35.5 million) in payroll costs to French ferry companies hit by the coronavirus crisis and Brexit, Prime Minister Jean Castex told parliament.

Shipping firms have suffered from lower traffic to and from Britain due to quarantine measures and uncertainty around Britain's exit from the European union.

© markuk97 / Adobe Stock
© markuk97 / Adobe Stock

"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 said, adding that an equivalent amount would be offered to other ferry companies.


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

Related News

Oil Tanker Seized by Iran in 2023 Anchors Near UAE Coast Gemini Alliance Held Up by FMC Probe Oil Tanker Seized by Iran Moving to International Waters US, Canada, Finland Launch Effort to Build Icebreaking Ships Ukraine Seizes Cargo Ship, Detains Captain for Exporting 'Looted' Grain