Global Trade Alert
Global Trade Alert

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

Announcement

13 Jul 2020

In July 2020, the European Commission approved a EUR 3.4 billion Dutch state aid in support to KLM Airlines, as a response of the COVID-19 crisis.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

13 Jul 2020

Revocation date:

No revocation date

Loan guarantee

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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State loan

The second element of the EU Decision of 13 July 2020 that approves the Dutch staid aid measure to KLM is a EUR 1 billion (approx. USD 1.1 billion) state loan. The loan will have a maturity of 5.5 yea...

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