Global Trade Alert
Global Trade Alert

France: EUR 5 billion loan guarantee to Renault (COVID-19)

Announcement

29 Apr 2020

In April 2020, the European Commission approved a French aid measure consisting of a EUR 5 billion (around USD 5.4 billion) loan guarantee to the Renault group to mitigate the economic impact of the COVID-19 pandemic.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

03 May 2020

Revocation date:

No revocation date

Loan guarantee In force

On 29 April 2020, the EU approved a EUR 5 billion (approx. USD 5.4 billion) French aid measure consisting of a loan guarantee to the Renault Group, following the COVID-19 pandemic. Renault Group is an...

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