In response to the pandemic, governments have implemented unprecedented measures including the temporary closure of schools and non-essential businesses, restricting international travel, and the cancellation of social gatherings and professional sporting leagues. These measures have had a significant impact on the travel, retail, and transportation industries to name a few, and led to supply chain disruptions and shortages, all of which have resulted in lower global economic activity and a sharp decline in commodity prices such as oil. Global financial markets have experienced a significant decline in market capitalization and an increase in volatility.
Measures Announced by the Government
In response to the outbreak of the Covid-19 Coronavirus, the French Government is implementing immediate measures to support businesses. You will find below updates on all aspects (social, tax, legal, economic, accounting...).