Did credit guarantee schemes facilitate the survival of SMEs during the COVID-19 crisis? 

Evidence from two recent papers

Online seminar

Friday, 16 December 2022


The EIB Group’s Evaluation Division and the Luxembourgish association for evaluation and forecast (SOLEP) are pleased to invite you to a seminar of interest to policymakers, researchers, evaluation practitioners, representatives of national and European associations and public institutions, private enterprises, NGOs and students interested in the topic.

Credit guarantee schemes played a central role in response to the COVID-19 recession. The seminar will present recent findings from both evaluation and research works on whether these instruments have facilitated the survival of SMEs during the COVID-19 crisis. The French court of Auditors (Lorraine Aeberhardt and Mathilde Lignot-Leloup) will present the evaluation of the State-guaranteed loans (PGE) implemented in France between March 2020 and March 2022. The EIF (Julien Brault) will present a review of the existing empirical evidence on the impact of credit guarantee schemes, including EU guarantee instruments between 2002 and 2016. The presentations will be followed by a discussion between the presenters and the audience, moderated by Aron Gereben (Evaluation division of EIBG).

Practical details: the link to the presentation can be accessed here

For further information please contact Ombeline De Bock (o.debock@eib.org) and Zoica Arencibia (z.arencibia@eib.org).