The European Commission has approved Finnish plans to contribute to the recapitalisation of Finnair through the subscription of new shares by the State in the rights issue launched by Finnair on 10 June 2020 in the context of the coronavirus outbreak. Finnair plays a major role in the Finnish economy, notably because it ensures domestic […]
The European Commission has approved a €600 million Finnish aid scheme to support the maritime companies in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April and 8 May 2020. Under the scheme, the public […]
The European Commission has approved under EU State aid rules a €120 million Finnish scheme that compensates companies operating restaurants, bars or cafes for the loss of revenue caused by the coronavirus outbreak and the national measures taken to limit the spread of the virus. Under the scheme, these companies will be entitled to compensation […]
The European Commission has approved a Finnish aid measure consisting of a State guarantee on a €600 million loan to Finnair to mitigate the economic impact of the coronavirus outbreak on the company. The measure was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 […]
The European Commission has approved two Finnish schemes, with a total budget of €40 million, to support the agricultural and fishery sectors in the context of the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The support […]
The European Commission has approved a €2 billion Finnish aid scheme to support the Finnish economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive Vice-President Margrethe Vestager, in charge of competition […]
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