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Netherlands: Dutch government provides EUR 3.4 billion urgent liquidity support to KLM (COVID-19)

Description

On 13 July 2020, the EU approved a EUR 3.4 billion (approx. USD 3.9 billion) Dutch state aid measure to KLM in the context of the COVID-19 outbreak. The measure is composed of two elements: (i) a stat...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jul 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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