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France: Subordinated loan scheme to support businesses following the COVID-19 pandemic (extended until June 2022)

Description

On 30 June 2020, the EU approved a EUR 30 billion (approx. USD 33.7 billion) French aid measure consisting of a subordinated loan scheme to support companies affected by the COVID-19 pandemic.  In thi...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Jun 2020

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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