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Tag: french

State aid: EU Commission approves French guarantee scheme for exporting small and midsize companies affected by coronavirus outbreak

The European Commission has approved, under EU State aid rules, a French guarantee scheme for small and midsize companies with export activities that are affected by the coronavirus outbreak. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The French guarantee scheme, which is expected to mobilise €200 million, will support exporting small and […]

State aid: EU Commission approves French plans to provide €7 billion in urgent liquidity support to Air France

The European Commission has approved, under EU State aid rules, a €7 billion French aid measure consisting of a State guarantee on loans and a shareholder loan to Air France to provide urgent liquidity to the company in the context of the coronavirus outbreak. The measures were approved under the State aid Temporary Framework adopted […]

State aid: EU Commission approves €7 billion French “umbrella” scheme to support the economy in the coronavirus outbreak

The European Commission has approved a €7 billion French “umbrella” scheme to support small and medium-sized enterprises (SMEs) and large corporates in France affected by the coronavirus outbreak.The scheme, called “Regime Cadre Temporaire”, was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. […]

State aid: EU Commission approves prolongation and modification of the French “Fonds de solidarité” scheme for small enterprises

….in temporary financial difficulties due to coronavirus outbreak The European Commission has found France’s prolongation and modification of a previously approved scheme to support small and micro-enterprises as well as self-employed people affected by the economic repercussions of the coronavirus outbreak to be in line with EU State aid rules. The existing scheme, called “Fonds […]

State aid:EU Commission approves €10 billion French guarantee scheme to support domestic credit insurance market in coronavirus outbreak

The European Commission has approved, under EU State aid rules, a €10 billion French guarantee scheme to support the domestic credit insurance market in the context of the coronavirus outbreak. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The €10 billion French guarantee scheme will make sure that domestic trade credit insurance can […]

State aid: Commission approves €1.2 billion French “Fonds de solidarité” scheme

….for small enterprises in temporary financial difficulties due to coronavirus outbreak The European Commission has found France’s €1.2 billion scheme to support small and micro-enterprises as well as self-employed people affected by the economic repercussions of the coronavirus outbreak to be in line with EU State aid rules. The scheme, called “Fonds de solidarité”, was […]

Air Liquide, Groupe PSA, Schneider Electric, Valeo rise to the challenge of producing 10,000 Air Liquide Medical Systems respirators

…in response to the French government request Faced with the compelling need for more respirators on its national territory, the French government has asked, on March 22, a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 […]