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Clifford Chance

Clifford Chance

Briefings

France to guarantee bank loans further to the Coronavirus crisis

19 March 2020

As Coronavirus (COVID-19) spreads, France has announced several measures aimed at countering the economic repercussions of the epidemic.

Among such measures, a guarantee to be granted by the French state for new bank loans for a total amount of EUR 300 billion. Such measures are state aid cleared under the EU Commission's revised framework.

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