State aid: Commission approves €30 billion French subordinated loan scheme to support companies affected by the coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €30 billion French subordinated loan scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The €30 billion French […]