Posted on Apr 12, 2021, 12:40 PMUpdated on Apr 12, 2021, 1:00 PM
The headlong rush continues. In February, the indebtedness of French companies grew again by 12%, according to figures released Monday by the Banque de France. At this rate, more than twice as fast as that observed before the pandemic, the debt burden (bank and bond) of companies crossed for the first time the milestone of 1.900 billion euros.
Faced with this surge, Bercy is preparing the next move. While it remains possible to take out a loan guaranteed by the State (PGE), and that the banks are preparing to grant the new participatory loans (PPSE) intended to support the equity of companies, the Ministry of Finance wonders how to help those who will have difficulty repaying their loans after the health crisis.
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