Global Trade Alert
Global Trade Alert

France: EC approves guarantee scheme to support domestic credit insurance (COVID-19)

Announcement

12 Apr 2020

In April 2020, the European Commission approved a French state aid measure that establishes a EUR 10 billion (approx. USD 10.9 billion) loan guarantee scheme to support domestic credit insurance.

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

12 Apr 2020

Revocation date:

No revocation date

Loan guarantee

On 12 April 2020, the EU approved a EUR 10 billion (approx. USD 10.9 billion) French loan guarantee scheme to support the domestic credit insurance market in the context of the COVID-19 pandemic. The ...

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