French Government measures to support the economy

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Please note that, as that the date hereof, all measures mentioned have merely been announced and are in the process of being implemented. Further details, and possibly further changes, will be released in the coming days, in accordance also with the evolution of the Covid-19 crisis.

Due to the health situation in France arising from the Covid-19 pandemic and its consequences on French economy, the French government has recently announced various measures for companies amounting to approximately EUR 45 billion. In addition to these measures, French government has also announced a state guarantee of up to EUR 300 billion for new bank loans provided to companies based in France...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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