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Renault, a carmaker, recently announced 4,000 job cuts in France.Germany's rescue package includes a state guarantee worth €400 billion to back banks' loans to each other, plus €80 billion to top up capital.
First, in January 2009, came the Enterprise Finance Guarantee scheme, which offered banks a government guarantee worth 75% of loans to small businesses, lowering the risks faced by the banks.
Last year AIG escaped paying out on a financial guarantee, worth $182m, for a series of Hollywood films, a decision that caused one of the rare defaults of a security rated triple-A.
Just last month, again with Mr. Reid's support, Ormat secured its own Energy Department loan guarantee, worth $350 million, to help support three other Nevada geothermal projects that are expected to produce 113 megawatts of power.
One guarantee, worth $370 million, was issued last year for the construction of 7,000 public housing units on reclaimed land north of Male, where more than 140,000 people are squeezed into two square miles.
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The Department of Energy distributed 28 loan guarantees, worth a total of $16 billion, before the program ended last Friday.
signed a bill that will provide N.Y. with federal loan guarantees worth 1 billion six hundred & fifty million dollars, including interest, over the next four years.
Last autumn, the state extended credit guarantees worth €7 billion to the company's finance unit, to ensure that customers could still get loans at competitive rates, despite the company's own deteriorating balance sheet.
The small Greens party has also proposed loan guarantees worth 5 billion dollars and a feed-in tariff for large-scale renewable energy developments, similar to the U.S. model, which provides a 100percentt guarantee.
The sanctions shut off not only direct aid from the Federal Government to India, worth $142.3 million this year, but they also cancel an assortment of Federal loans and loan guarantees worth billions.
PARIS — The French government is preparing to announce that it will provide PSA Peugeot Citroën with credit guarantees worth as much as €7 billion in exchange for sparing some of the 8,000 jobs it was planning to cut, a person with direct knowledge of the matter said Tuesday.
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