Professionals are asking to postpone the deadlines in order to continue investing.
The imminence of the first repayment deadlines for PGEs is causing a wave of concern in tourism. Hotels, restaurants, travel agents, tour operators… All are calling on the government and presidential candidates for help, and asking them to adapt company reimbursements to their capacity. “Help us, says Pierre Louis Roucaries, co-president of the French Union of Event Trades (Unimev). We are not asking for PGEs to be paid for by the state. We have to find solutions to repay them in a different way.”
Read alsoExtending their PGE is not without risk for companies
According to the Union of Hotel Trades and Industries (Umih), 93% of hotels, 50% of restaurants and 35% of cafes have subscribed to a PGE, for a total of 11.5 billion euros. Companies have borrowed up to 25% of their annual turnover. And, according to the National Group of Independents (GNI), 45% of them currently fear not being able to repay all of these loans.. At this…
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