Covid-19 costs France €86bn in 2020

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Covid-19 costs for France is estimated  at €86 billion ($100.57 billion) in 2020.

It is the short-time work scheme that costs the most with €34 billion  ($39.76 billion).

In second place comes the solidarity fund with €19.4 billion  ($22.68 billion). It is intended to provide assistance to small businesses and self-employed workers.

Exceptional health expenditures are estimated at nearly €12 billion ($14.03 billion).

The exemptions from social security contributions enjoyed by companies impacted by Covid-19 amount to €8.2 billion ($9.59 billion). Ultimately, social benefits represent €2 billion ($2.34 billion).

Other costs include credits and exceptional aid for the motor and aeronautics industry as well as for self-employed workers and SMEs.

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