Global Trade Alert
Global Trade Alert

France: EU approves EUR 10 billion funds of reinsurance scheme (COVID-19)

Announcement

17 Jul 2020

In July 2020, the European Commission approved EUR 10 billion funds for the French state aid measure consisting of the reinsurance scheme. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

17 Jul 2020

Revocation date:

No revocation date

State aid, nes

On 17 July 2020, the EU approved a EUR 10 billion (approx. USD 11.4 billion) French state measure composed by two reinsurance schemes - CAP and CAP+ - as a response for the economic crisis originated ...

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