Aid for rescue and restructuring

Aid for rescue and restructuring refers to financial assistance provided to struggling companies or industries, often by governments or international organizations. This support aims to stabilize financially troubled businesses, preventing their collapse, which could lead to job losses and economic downturns. The assistance can come in various forms, such as loans, grants, or guarantees, and usually includes conditions to promote long-term viability and sustainability. The goal is to help these entities recover and restructure their operations, ensuring they remain competitive and can contribute positively to the economy in the future.