France's Finance Minister Bruno Le Maire announced on Monday that the government will widen the financial aid for companies hit by the coronavirus pandemic, as reported by Reuters.

La Maire further added that they will lower the threshold for companies to claim state support for turnover losses and noted that the additional cost of widening the aid will be in the range of "some hundred million euros."

Market reaction

This headline doesn't seem to be having a noticeable impact on the shared currency's performance against its rivals. As of writing, the EUR/USD pair was down 0.1% on the day at 1.1355.