Global Trade Alert
Global Trade Alert

France: EUR 63.9 million loan guarantee to Novares Group (COVID-19)

Announcement

26 May 2020

In May 2020, the European Commission approved a EUR 63.9 million French state aid measure to Novares Group, as a response to the economic crisis originated by 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

26 May 2020

Revocation date:

No revocation date

Updated: 26 May 2020
Loan guarantee In force
<p>On 26 May 2020, the EU approved a EUR 63.9 million (approx. USD 70.1 million) French aid measure to Novares Group, as a response to the economic crisis originated by the COVID-19 pandemic.<...
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