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
Removed: 30 Jun 2021
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 7.7 b...
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Removed: 30 Jun 2021
Equity stake
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 7.7 b...
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Removed: 31 Dec 2021
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 7.7 b...
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Implementation date
20 May 2020
Revocation date:
20 Dec 2021
End prolongation: 31 Dec 2021
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 7.7 b...
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End prolongation: 31 Dec 2021
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 7.7 b...
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Related State Acts
Announced: 20 Dec 2021
France: Budget increase and extension of three support COVID-19 support schemes
Removed: 31 Dec 2020
France: EU approves EUR 7 billion umbrella scheme to support businesses in the context of the COVID-19 pandemic
Announced: 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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