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French Trade Minister: Government discussing riot losses with insurers, claims deadline to be extended from 5 to 30 days.
French Trade Minister Serge Papin announced that the government is in discussions with insurance companies to assess the damages caused by violent riots across the country last weekend, and the claims period will be extended from the default 5 days to 30 days. Papin also stated that the government is discussing with BPI, France's official export credit agency, to provide zero-interest cash assistance, and with banks to offer subsidized loans to help affected businesses receive compensation.
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