Explainer video of the Law of March 27, 2020 (state guarantee)

Two days ago, on 1 April, the law of 27 March 2020 on the state guarantee came into force.

This is a law with special powers empowering the government to grant a state guarantee up to a maximum amount of EUR 50,000,000,000 to guarantee credits to companies as part of the fight against the economic consequences of the coronavirus crisis.

We have read the law for you and explain it to you in clear language in this video, pending the arrival of an order of special powers.

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this video is only available in French

 

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