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COVID-19 credit-support programmes in Europe’s five largest economies

Author

Listed:
  • Julia Anderson
  • Francesco Papadia
  • Nicolas Véron

Abstract

In 2020, European governments mitigated the economic impact of COVID-19 lockdowns and other pandemic-fighting programmes through a host of initiatives. These included efforts to support credit, such as guarantees for bank loans, particularly to small- and medium-sized enterprises (SMEs). We present and analyse detailed information about those national credit-support programmes implemented in the context of fiscal policy, in Europe’s five largest national economies (besides Russia) in 2020- France, Germany, Italy,...

Suggested Citation

  • Julia Anderson & Francesco Papadia & Nicolas Véron, 2021. "COVID-19 credit-support programmes in Europe’s five largest economies," Working Papers 41282, Bruegel.
  • Handle: RePEc:bre:wpaper:41282
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    File URL: https://www.bruegel.org/wp-content/uploads/2021/02/WP-2021-03-Cred-Support-240221-2.pdf
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    Cited by:

    1. Aizenman, Joshua & Jinjarak, Yothin & Spiegel, Mark M., 2023. "Fiscal capacity and commercial bank lending under COVID-19," Journal of the Japanese and International Economies, Elsevier, vol. 68(C).
    2. Grégory Claeys & Zsolt Darvas & Maria Demertzis & Guntram B. Wolff, 2021. "The Great COVID-19 Divergence: Managing a Sustainable and Equitable Recovery in the EU," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(4), pages 211-219, July.
    3. Luca Casolaro & Francesco Suppressa, 2023. "Credit during the pandemics: the case of Tuscany," Discussion Papers 2023/296, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    4. European Fiscal Board (EFB), 2021. "2021 annual report of the European Fiscal Board," Annual reports 2021, European Fiscal Board.
    5. Dmitry Khametshin, 2021. "High-yield bond markets during the COVID-19 crisis: the role of monetary policy," Occasional Papers 2110, Banco de España.
    6. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2021. "European Small Business Finance Outlook 2021," EIF Working Paper Series 2021/75, European Investment Fund (EIF).

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