Government pushes for targeted extension of BMPs

Posted on Feb 4, 2019 2021 at 18:47Updated Feb 4, 2019 2021 at 19:27

The pressure is getting stronger. The government wants to extend the duration of state guaranteed loans (PGE) by two years. Thursday, the Minister in charge of VSEs and SMEs, Alain Griset, indicated in “Le Parisien” that discussions were underway ” with the European Commission on an extension of the reimbursement period for EMPs. We would like to spend six to eight years to secure entrepreneurs and give them visibility “.

Bercy has been working on this hypothesis for some time now. Last week, the Minister of Economy and Finance, Bruno Le Maire, told senators that he was open to a greater spreading out of the repayment of guaranteed loans for companies particularly affected by the crisis, or even to transforming these ready ” case by case In grants. The extension of the EMP would thus be reserved for specific sectors, such as aeronautics.

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