Home / Publications / COVID-19: European Commission approves Finnish aid...

COVID-19: European Commission approves Finnish aid for Finavia

14/04/2021

On 17 March 2021, the Commission approved a series of measures by the Finnish state aimed at supporting Finavia, the main airport operator in Finland, in the context of the COVID-19 crisis. The measures, with a total budget of 350 million EUR, relate to three aids, in the form of compensation for the damage suffered by Finavia as a result of the pandemic, notified on the basis of Article 107, paragraph 2, point b) of the TFEU as well as a recapitalisation and a subordinated loan, both notified on the basis of the Commission's Temporary Framework on State aid in the context of the COVID-19 crisis.

Read more

Authors

Portrait ofAnnabelle Lepièce
Annabelle Lepièce
Partner
Brussels
Eléonore Mertens de Wilmars