Europcar restructuring puts state-backed loan in firing line

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Europcar restructuring puts state-backed loan in firing line

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Genoa, Italy - September 10, 2019: The Europcar car rental terminal at airport at Genoa, Italy | Solarisys - stock.adobe.com

Europcar will be a test case for the treatment of government-guaranteed loans during a restructuring, as the French car rental company was among the earliest and largest users of the French state’s corporate support scheme.

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