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I'm not from France, but is it controversial at all? If company wants state support, money needs to stay at the company, that's what it is about, right? Do comp
by Adiqq 7y ago
I'm not from France, but is it controversial at all? If company wants state support, money needs to stay at the company, that's what it is about, right? Do companies in France could abuse this rule in other way?
- mcv 7y agoIt's only controversial with short-term investors and executives who care more about using free money for some quick profit than about saving jobs.
- venj 7y agoWe have a long history of companies abusing the government subsidies in France. So when the covid-specific aids were announced 2 weeks ago, there was a big concern that some companies would abuse them. So yes, this announcement was really expected
- eloisant 7y agoThe controversial part is that initially the government didn't pose any condition at all. There was a huge public backlash, which is why the government changed their plan.
- marcosdumay 7y agoI'm not in France either, but it looks like it's newsworthy exactly because some government is doing something right for once.