Global Trade Alert
Global Trade Alert

France: EUR 5 billion to support COVID-19-related R+D, infrastructure and production (extended until June 2022)

Announcement

05 Jun 2020

In June 2020, the European Commission approved a French aid measure composed of a EUR 5 billion (approx. USD 5.6 billion) umbrella scheme for R+D, testing infrastructures, and production of COVID-19-relevant products.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Jun 2020

Revocation date:

30 Jun 2022

Updated: 05 Jun 2020
Loan guarantee
<p>On 5 June 2020, the EU approved a EUR&nbsp;5 billion&nbsp;(approx. USD&nbsp;5.6 billion) French aid measure consisting of an &lsquo;umbrella&rsquo; scheme to support the c...
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Updated: 05 Jun 2020
Tax or social insurance relief
<p>On 5 June 2020, the EU approved a EUR&nbsp;5 billion&nbsp;(approx. USD&nbsp;5.6 billion) French aid measure consisting of an &lsquo;umbrella&rsquo; scheme to support the c...
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Updated: 05 Jun 2020
State loan
<p>On 5 June 2020, the EU approved a EUR&nbsp;5 billion&nbsp;(approx. USD&nbsp;5.6 billion) French aid measure consisting of an &lsquo;umbrella&rsquo; scheme to support the c...
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Updated: 05 Jun 2020
Financial grant
<p>On 5 June 2020, the EU approved a EUR&nbsp;5 billion&nbsp;(approx. USD&nbsp;5.6 billion) French aid measure consisting of an &lsquo;umbrella&rsquo; scheme to support the c...
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