Creation of a National Commission to Retroactively Compensate Injured Companies for Paris 2024 Olympic Games

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. A national commission will be established to handle compensation for penalized companies. This decision was made during a meeting two weeks ago, and the commission will examine specific cases where police measures and security perimeters created by the Games cause abnormal harm to businesses.

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 the 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, a national commission will provide financial compensation to companies adversely affected by restrictions and activities related to the Paris Olympic Games. The goal is to support businesses that have suffered abnormal harm due to police measures and security perimeters established for the Games. It is important for affected companies to document their losses and follow the procedures outlined by the commission to receive compensation for their damages.