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France: EC approves guarantee scheme to support domestic credit insurance (COVID-19)

Description

On 12 April 2020, the EU approved a EUR 10 billion (approx. USD 10.9 billion) French loan guarantee scheme to support the domestic credit insurance market in the context of the COVID-19 pandemic. The ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Apr 2020

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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