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

0 in force

Implementation date

05 Jun 2020

Revocation date:

No revocation date

Financial grant

On 5 June 2020, the EU approved a EUR 5 billion (approx. USD 5.6 billion) French aid measure consisting of an ‘umbrella’ scheme to support the country’s response to the COVID-19 pandemic. In particula...

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State loan

On 5 June 2020, the EU approved a EUR 5 billion (approx. USD 5.6 billion) French aid measure consisting of an ‘umbrella’ scheme to support the country’s response to the COVID-19 pandemic. In particula...

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Tax or social insurance relief

On 5 June 2020, the EU approved a EUR 5 billion (approx. USD 5.6 billion) French aid measure consisting of an ‘umbrella’ scheme to support the country’s response to the COVID-19 pandemic. In particula...

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Loan guarantee

On 5 June 2020, the EU approved a EUR 5 billion (approx. USD 5.6 billion) French aid measure consisting of an ‘umbrella’ scheme to support the country’s response to the COVID-19 pandemic. In particula...

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