France: government help for bookshops

€5m fund to help independent booksellers.

The French Culture Minister has announced key elements of the government's plans to help France's independent booksellers.

  • A fund of €5m will be made available to provide loans to bookshops with cashflow problems
  • An increase in the budget of ADELC, which subsidises booksellers, from €4m to €7m

Further initiatives may be announced later in the year.

Source: The Bookseller