18 March 2020 – Guaranteed loans to businesses

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The French government guaranteed up to €300 billion in bank loans to French businesses. In addition to preventing bankruptcy, the ordinance also aims to allow companies to pay their employees while being closed or only operating partially.
Full details here: https://www.gouvernement.fr/conseil-des-ministres/2020-03-18/loi-de-finances-rectificative-pour-2020