The Minister of the Economy, Bruno Le Maire, announced Monday that 20 billion euros would be devoted to strengthening the equity capital of companies,
via
equity loans distributed in particular by banks, but to which the State will provide its guarantee.
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“
We have, and I have personally, heard
criticism from a number of economists
who said that these equity loans were insufficient, the replenishment of equity had to be stronger. And so we have now set as ambition 20 billion euros of outstanding
participatory loans
for the reconstitution of the equity of companies,
”declared the Minister during a press conference.