French Minister of the Sea confirms State Aid for Brittany Ferries

By | 2021 Newsletter week 47 | No Comments

French Minister of the Sea, Annick Girardin, has renewed the State’s commitment to pay a subsidy of 45 million euros to Brittany Ferries.

She came to Roscoff on 18 December, to meet Brittany Ferries’ president Jean-Marc Roué (photo) and staff (source: France Blue).

The money comes with a condition: no job loss.

In 2020, the company had more than 2,400 full time employees.

The company also obtained 10 million euros of debt waiver, long-term partial unemployment for 3 years, reimbursement of social charges for 4 years (the “net wage”), not to mention the loan guaranteed by the State, 117 million euros granted in 2020.