The credit tap remains open in France and French businesses and households continue to take on massive debt.
In July, companies thus subscribed 15.4 billion euros in new loans from banks, according to the Banque de France.
This represents an increase of 11.8% over one year, after an already very dynamic month of June (+ 11.3% over one year).
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Admittedly, the volumes remain lower than those recorded between March and May (+ 30 billion euros per month), during the emergency implementation of the loan guaranteed by the State (PGE).
But this system, which will end at the end of the year, continues to act as a support for companies' cash flow.
Some experts are also wondering if the banks would not tend to grant certain companies an EMP instead of a traditional cash loan.
This would allow them to limit the risks in the event of default, these credits being 90% guaranteed by the State.
These are the SMEs, by far the
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