Announcement
20 May 2020
In May 2020, the European Commission approved a French state aid amendment that modifies and extends the budget of the umbrella scheme established in April 2020 (see related state act).
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Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 May 2020
Revocation date:
31 Dec 2021
Updated: 20 May 2020
Tax or social insurance relief
On 20 May 2020, the EU approved an amendment that modifies the scope and enlarges the budget of the umbrella scheme approved in April 2020 (see related state act) from EUR 7 billion (approx. USD 7....
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Updated: 20 May 2020
Capital injection and equity stakes (including bailouts)
On 20 May 2020, the EU approved an amendment that modifies the scope and enlarges the budget of the umbrella scheme approved in April 2020 (see related state act) from EUR 7 billion (approx. USD 7....
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Updated: 20 May 2020
Loan guarantee
On 20 May 2020, the EU approved an amendment that modifies the scope and enlarges the budget of the umbrella scheme approved in April 2020 (see related state act) from EUR 7 billion (approx. USD 7....
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Implementation date
20 May 2020
Revocation date:
20 Dec 2021
Updated: 20 May 2020
State loan
On 20 May 2020, the EU approved an amendment that modifies the scope and enlarges the budget of the umbrella scheme approved in April 2020 (see related state act) from EUR 7 billion (approx. USD 7....
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Updated: 20 May 2020
Financial grant
On 20 May 2020, the EU approved an amendment that modifies the scope and enlarges the budget of the umbrella scheme approved in April 2020 (see related state act) from EUR 7 billion (approx. USD 7....
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Related State Acts
20 Dec 2021
France: Budget increase and extension of three support COVID-19 support schemes
20 Apr 2020
France: EU approves EUR 7 billion umbrella scheme to support businesses in the context of the COVID-19 pandemic
19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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