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€2 billion COVID-19 Credit Guarantee Scheme open
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Ireland. Department of Public Expenditure and Reform, Ireland. Department of Agriculture, Food and the Marine, Ireland. Department of Finance, Ireland. Department of Business, Enterprise and Innovation, '€2 billion COVID-19 Credit Guarantee Scheme open', [other], Department of Public Expenditure and Reform, 2020-09-07
Abstract
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This is the biggest ever state-backed loan guarantee in Ireland. The government is using its good credit rating to help Irish businesses borrow more cheaply. Most Irish SMEs have no debt and others may not want to take on more debt. Nonetheless, this will be another weapon in the armoury when it comes to responding to the economic damage wrought by COVID-19.
Date
2020-09-07
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Department of Public Expenditure and Reform
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Two billion Euro COVID-19 Credit Guarantee Scheme open