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Global Trade Alert

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Denmark: Loan guarantee to Scandinavian Airlines following financial losses incurred due to COVID-19

Description

On 17 March 2020, the Ministry of Finance of Denmark issued a press release announcing that Denmark will provide a loan guarantee to Scandinavian Airlines (SAS AB) having a total value of SEK 1.5 bill...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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