On Thursday, 28 May, the European Commission approved three new temporary State Aid schemes submitted by Denmark, Finland, and the Netherlands in response to the economic crisis caused by the Covid-19 pandemic.
A €713 million Dutch scheme will provide liquidity support to SMEs whose activities are affected by the coronavirus. The aid will take the form of guarantees covering 95% of the bank loans taken out that have a value between €10,000 and €50,000. All sectors of activity are...