Hotels and retailers on France’s Mediterranean coast have suffered in the days since the terrorist attack that killed 84 people in Nice on July 14, Economy Minister Emmanuel Macron said.

Hotel reservations in the region have dropped between 20 and 30 percent, while retailers have seen a drop in sales, Macron said at a press conference in Paris.

“These are early estimates for a very short period and we now need to step back and see what happens,” Macron said. “Major tourist sites around France, including the Paris region, may also be affected and we’re keeping a close eye on that.”

The government has funds available to offer short term support to businesses, he said after meeting with elected officials from the Provence-Alps-Cote-d’Azur region.

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net. To contact the editors responsible for this story: Fergal O’Brien at fobrien@bloomberg.net, Mark Deen

©2016 Bloomberg L.P. This article was written by Mark Deen from Bloomberg and was legally licensed through the NewsCred publisher network.

Photo Credit: Hotel Le Negresco in Nice, France on July 1, 2014. Hotels in the area are seeing their reservations drop dramatically following the Bastille Day rampage. Hotel Le Negresco