STATE AID: COMMISSION APPROVES €30 BILLION FRENCH SUBORDINATED LOAN SCHEME TO SUPPORT COMPANIES AFFECTED BY THE CORONAVIRUS OUTBREAK

  France notified to the Commission under the Temporary Framework a subordinated loan scheme to   support companies affected by the coronavirus outbreak.The total amount of subordinated loans with   favourable interest rates that can be granted under the scheme is €30 billion. The measure aims at   supporting access to funding for enterprises of all sizes to sustain their economic activities. The   measure will be open to companies active in all sectors, with the exception of those active in the   financial sector.

 

 

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