New aidEndedPublic aidNational

Subsidised loans for wine businesses to repay their state-guaranteed loans

Decree No. 2024-770 of 8 July 2024 introduces, until 1 July 2025, loans at a subsidised 2.5% rate over 12 to 120 months to help wine growers and wine cooperatives repay the balance of their state-guaranteed loan.

Measure originators

InitiatorGVT
Marc Fesneau
Gouvernement
Impact on public finances
Costs 10 m € (over several years)total cost of the scheme · 2024 estimate · State
Source of the estimate: Décret n° 2024-770 du 8 juillet 2024, article 4 (Indirect official figure)

A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.

Effective date
10 July 2024

Measure impact

Amount limited to the outstanding balance of the state-guaranteed loan, which must be repaid within three months. One loan per business, within de minimis aid ceilings. Lending stops once total interest subsidies reach €10m.

Official references

Law number: Décret n° 2024-770 du 8 juillet 2024
Official Journal: JORF n° 0162 du 9 juillet 2024

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%
2 / 2 steps
Completed
10 July 2024

Entry into force

Application

Immédiate ou à la date prévue

Entrée en vigueur le lendemain de la publication ; dispositif ouvert jusqu'au 1er juillet 2025 (article 1er)
Completed
9 July 2024

Publication in Official Journal

Publication
Publication au Journal officiel du Décret n° 2024-770 du 8 juillet 2024