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Global Trade Alert

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France: EUR 63.9 million loan guarantee to Novares Group (COVID-19)

Description

On 26 May 2020, the EU approved a EUR 63.9 million (approx. USD 70.1 million) French aid measure to Novares Group, as a response to the economic crisis originated by the COVID-19 pandemic. The individ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 May 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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