State guaranteed loans will be extended until the end of June 2022 – franceinfo

To be effective, this extension must still be validated by the European Commission. More than 690,000 PGEs have been granted for more than 140 billion euros since the start of the health crisis in March 2020, making it possible to replenish the cash flow of companies in the face of a sudden drop in their activity. To respond to the emergency, the government had put in place an exceptional mechanism of guarantees of up to 300 billion euros. But the cash flow of many companies did not ultimately deteriorate with the crisis.