ALERTS: STATE AID - EUROPEAN UNION - FRANCE - REFORM – HEALTHCARE - COVID-19

COVID-19: The European Commission authorizes an amendment to the French plan to secure corporate financing in order to ensure the liquidity of companies whose activities are affected by closures for health emergencies

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. It will be remembered that on 21 March 2020, the European Commission had authorised three French aid schemes, which are expected to mobilise more than €300 billion to ensure that liquidity is maintained for businesses affected by the current crisis. The third measure (measure C) applied to all companies with an economic activity in France, without any size condition, whatever their sector of activity, with the exception of credit institutions and non-trading property companies. It aimed at granting a guarantee for portfolios of loans to businesses held by credit institutions or finance companies.

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  • L’actu-concurrence (Paris)

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Alain Ronzano, COVID-19: The European Commission authorizes an amendment to the French plan to secure corporate financing in order to ensure the liquidity of companies whose activities are affected by closures for health emergencies, 4 June 2020, Concurrences N° 3-2020, Art. N° 95344, www.concurrences.com

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