The European Commission has issued a release announcing its approval of a EUR 5 billion French "umbrella" scheme to support research, development, testing infrastructures, and production of coronavirus (COVID-19) relevant products.
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The French support measure
France notified to the Commission under the Temporary Framework an "umbrella" scheme ("régime cadre temporaire") supporting (i) coronavirus relevant research and development ("R&D") projects; (ii) construction and upgrade of…