The European Commission authorised Denmark on Friday 20 November to set up a fund with a target size of €1.34 billion to recapitalise large companies affected by the coronavirus pandemic. The scheme was approved under the State Aid Temporary Framework.
The scheme ensures that the State is sufficiently remunerated for the risks taxpayers assume and that there are incentives for the State to exit as soon as possible, explained Margrethe Vestager, Executive Vice-President for Competition...