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Europe Daily Bulletin No. 12490

20 May 2020
EU RESPONSE TO COVID-19 / State aid
Finnish State guarantee for a €600 million loan to Finnair in context of Covid-19 given green light
Brussels, 19/05/2020 (Agence Europe)

On Tuesday 19 May, the European Commission approved a Finnish aid measure consisting of a State guarantee on a €600 million loan to Finnair to mitigate the economic impact of the coronavirus pandemic on the company.

The measure was approved under the State Aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April and 8 May 2020.

Since the beginning of the pandemic, due to travel restrictions imposed by Finland and by many destination countries, “the...

Contents

EU RESPONSE TO COVID-19
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
NEWS BRIEFS