300 million euros for the compensation of the Paris terrorist attacks' victims

To date, the guarantee fund for victims of terrorist attacks and other offenses (FGTI) has granted 6.7 million EUR (7.35 million USD) to the families of the 130 victims who died in the attacks that occurred in Paris on 13 November.

771 000 EUR (846 805 USD) are added to this sum for travel and stay costs paid to the injured and the victims' relatives.

According to the French ministry of justice, the costs of compensation for the attacks could rise to 300 million EUR (329.5 million USD).

It should be remembered that the FGTI was created on September 9, 1986 after the bombing of the Rue de Rennes, leaving seven dead and 55 wounded. The fund is financed by a tax on all insurance contracts which increase from 3.3 euros to 4.3 euros from 1 January 2016.

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