ALERTS: STATE AID - EUROPEAN UNION - FRANCE - HEALTH - BANKING SECTOR

COVID-19: The European Commission authorises three French regimes to support the national economy in the coronavirus crisis, as well as Danish, German, Portuguese and Italian regimes

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. Less than 48 hours after the adoption of the temporary framework for state aid to support the economy in the context of the COVID-19 outbreak, the European Commission authorised three French aid schemes on 21 March 2020300 billion to ensure that the liquidity of companies affected by the crisis is maintained. The first two schemes (measures A and B) allow Bpifrance to provide State guarantees on commercial loans and credit lines granted to SMEs and TWAs with up to 5 000 employees registered in France, whatever their sector of activity. Measure A provides for the granting of a subsidised guarantee by

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  • L’actu-concurrence (Paris)

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Alain Ronzano, COVID-19: The European Commission authorises three French regimes to support the national economy in the coronavirus crisis, as well as Danish, German, Portuguese and Italian regimes, 21 March 2020, Concurrences N° 2-2020, Art. N° 93865, www.concurrences.com

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