Global Trade Alert
Global Trade Alert

France: Subordinated loan scheme to support businesses following the COVID-19 pandemic (extended until June 2022)

Announcement

30 Jun 2020

In June 2020, the European Commission approved a EUR 30 billion (USD 33.7 billion) French subordinated loan scheme to support companies affected by the coronavirus outbreak.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jun 2020

Revocation date:

30 Jun 2022

Updated: 30 Jun 2020
State loan
<p>On 30 June 2020, the EU approved a EUR&nbsp;30 billion&nbsp;(approx. USD&nbsp;33.7 billion) French aid measure consisting of a subordinated loan scheme to support companies affect...
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