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...