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France: EUR 131.5 million guarantee to the companies Axens and Prosernat

Description

On 20 November 2012, the European Commission approved a EUR 131.5 million (USD 168.5 million) guarantee scheme from France. The scheme will back up projects undertaken by Axens until 31 December 2020....

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Nov 2012

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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