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.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
12 Apr 2020
Revocation date:
31 Dec 2021
End prolongation: 31 Dec 2021
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.
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