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Tag: swedish

State aid: EU Commission approves €3.7 billion Swedish scheme to compensate companies for damages suffered due to coronavirus outbreak

The European Commission has found an approximately €3.7 billion (SEK 39 billion) Swedish scheme that partially compensates companies exposed to large turnover decline for damages suffered due to the coronavirus outbreak to be in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €3.7 billion scheme enables […]

State aid: EU Commission approves €38 million Swedish scheme to compensate damages caused by cancelled or postponed cultural events due to coronavirus outbreak

The European Commission has approved under EU State aid rules a SEK 420 million (approximately €38 million) Swedish scheme that compensates companies affected by the coronavirus outbreak for the loss of revenue or additional costs related to the cancellation or postponement of cultural events. Under the scheme, those operators will be entitled to compensation for […]

State aid: EU Commission approves €453 million Swedish rent rebate scheme to support sectors affected by coronavirus outbreak

The European Commission approved a Swedish rent rebate scheme of up to SEK 5 billion (approximately €453 million) in support of tenants operating in the sectors for hotels, restaurants, retail and certain other activities. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on […]

State aid: EU Commission approves €455 million Swedish guarantee scheme to support airlines affected by coronavirus outbreak

The European Commission has approved a Swedish SEK 5 billion (approximately €455 million) loan guarantee scheme to support airlines affected by 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. The support, which will take the form […]

EU State aid: Coronavirus:€455 million Swedish guarantee scheme

EU State aid: Commission approves €455 million Swedish guarantee scheme to support airlines affected by coronavirus outbreak The European Commission has approved a Swedish loan guarantee scheme to support airlines affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended […]