During a conference at the Chamber of Trades and Crafts (CMA) Island-de-France-Paris, Michel Cadot, the interministerial delegate to the Olympic Games, announced that there will be financial compensation for companies affected by restrictions and activities associated with the Paris Olympic Games. The decision was made during a meeting two weeks ago, and a national commission will be established to handle compensation for penalized companies.
The commission, chaired by a State Councilor with representatives from all ministries participating, will assess the financial losses suffered by businesses as a result of the Olympic activities. If damages are deemed abnormal and clearly linked to the Games, a compensation proposal will be made. The compensation may come from the budget of the Ministry of the Interior or the Ministry of Transport, depending on the nature of the damage.
Unions and employers previously requested a full compensation system for companies located within security perimeters of Olympic sites whose activities may be negatively impacted. Access to red zones where car traffic will be restricted is a key concern for many repair professions and other businesses that rely on car access. Company managers considering putting employees on leave or partial unemployment due to closures are advised to carefully consider their options as compensation may not be available in all situations.
In conclusion, it is important for affected companies to document their losses and follow procedures outlined by the commission to receive financial compensation for their damages. The national commission’s goal is to support businesses that have suffered abnormal harm due to police measures and security perimeters established for the Games.
