The EU Commission approves a €7 billion French scheme to support investment towards a sustainable recovery

State aid: Commission approves €7 billion French scheme to support investment towards a sustainable recovery* The European Commission has approved a €7 billion French scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The Commission fully supports Member States' efforts to bridge the investment gap left behind by the crisis. This €7 billion scheme is an important step in this direction that will help France set the path for a faster and more sustainable recovery. We continue working in close cooperation with Member States to ensure that national support measures to kick-start and crowd-in private investment can be

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European Commission, The EU Commission approves a €7 billion French scheme to support investment towards a sustainable recovery, 21 April 2022, e-Competitions April 2022, Art. N° 106227

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