Solidarity fund, exemptions or deferrals of social charges, partial activity … Since the start of the covid-19 epidemic, the executive has implemented aid measures for the companies most affected by the crisis. Regularly modified, extended, extended or restricted measures, at the pace of the interventions of Bruno Le Maire, the Minister of the Economy, at each government press briefing on the evolution of the epidemic.
Les Echos newspaper had access to the first assessments made by Bercy of the companies that benefited the most from this aid in 2020. It appears that the accommodation and catering sector is the one that received the most support. While it represents only 10% of the number of companies affected by the solidarity fund, ie less than trade or construction, it totals 20% of the amount of aid received under this fund, against 16.5% for trade or only 6.3% for the arts and entertainment sector.
The same goes for tax exemptions: accommodation and catering (a sector which includes drinking establishments) account for 35% of the total, or 990 million euros, when culture and leisure capped at 540 million.
Another observation: government aid has overwhelmingly benefited small businesses. 99% of the 1.9 million beneficiaries of the solidarity fund are microenterprises with less than ten employees. As for exemptions from charges, 60% concern companies with less than 20 employees.
Finally, Les Échos reported that some 8.4 million workers benefited from partial activity in 2020, for a maximum of 971,000 companies concerned at the height of the crisis, in April. In November, they were no more than 382,000.