State-guaranteed loans: how do firms choose to repay?

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In addition, at the end of the first year, firms could opt to: (i) pay back the loan in full immediately; (ii) start repaying in instalments over one to five years; or (iii) defer the first repayment by another year and then spread out the instalments over one to four years. A total of EUR 143 billion of loans were granted.


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