Global Trade Alert
Global Trade Alert

France: EU approves EUR 7 billion umbrella scheme to support businesses in the context of the COVID-19 pandemic

Announcement

20 Apr 2020

In April 2020, the European Commission approved a French state aid scheme to support businesses in the context the COVID-19 pandemic.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Apr 2020

Revocation date:

20 May 2020

Removed: 31 Dec 2020
Equity stake
On 20 April 2020, the EU approved a EUR 7 billion (approx. USD 7.6 billion) French state aid measure in the form of an “umbrella scheme” to support businesses in the context of the COVID-19 pandemic. ...
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Removed: 31 Dec 2020
State loan
On 20 April 2020, the EU approved a EUR 7 billion (approx. USD 7.6 billion) French state aid measure in the form of an “umbrella scheme” to support businesses in the context of the COVID-19 pandemic. ...
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Removed: 31 Dec 2020
Loan guarantee
On 20 April 2020, the EU approved a EUR 7 billion (approx. USD 7.6 billion) French state aid measure in the form of an “umbrella scheme” to support businesses in the context of the COVID-19 pandemic. ...
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Removed: 31 Dec 2020
Financial grant
On 20 April 2020, the EU approved a EUR 7 billion (approx. USD 7.6 billion) French state aid measure in the form of an “umbrella scheme” to support businesses in the context of the COVID-19 pandemic. ...
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