Public reinsurance of trade credit insurance for SMEs and mid-sized companies
Article 7 of the first amending finance law for 2020 allows the Caisse centrale de réassurance, backed by a State guarantee, to reinsure trade credit insurance risks on French SMEs and mid-sized companies until 31 December 2020. The State guarantee is capped at €10 billion.
Measure originators
No official estimate found for this measure.
Measure impact
Suppliers of SMEs and mid-sized companies kept credit insurance cover on their customers through public reinsurance for operations concluded before 31 December 2020, within a €10 billion State guarantee.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Debate and vote
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)