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

Implementation date

03 May 2020

Revocation date:

No revocation date

Updated: 29 Apr 2020
Loan guarantee In force
<p>On 29 April 2020, the EU approved a EUR&nbsp;5 billion&nbsp;(approx. USD&nbsp;5.4 billion) French aid measure consisting of a loan guarantee to the Renault Group, following the CO...
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