Announcement
11 Aug 2020
On 11 August 2020, the European Commission approved a recapitalization measure to help Nordica address its liquidity and equity needs.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
11 Aug 2020
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 11 August 2020, the European Commission approved a EUR 30 (USD 37.5) million capital injection measure from Estonia. The aid will support Nordica, an air transport company, which faces liquidity co...
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