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
<p>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. ...
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Updated: 20 May 2020
Capital injection and equity stakes (including bailouts)
<p>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. ...
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Updated: 20 May 2020
Loan guarantee
<p>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. ...
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Implementation date
20 May 2020
Revocation date:
20 Dec 2021
Updated: 20 May 2020
State loan
<p>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. ...
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Updated: 20 May 2020
Financial grant
<p>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. ...
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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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