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Global Trade Alert

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France: Restructuring aid to Corsair (COVID-19)

Description

On 11 December 2020, the EU approved a French EUR 80 million (USD 96.9 million) restructuring aid in the form of soft and participating loans in favour of Corsair. The objective was to bring the compa...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Dec 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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