Law-Now
21 Aug 2020 ·
International
COVID-19: the European Commission gives green light to the Danish and Swedish recapitalisation of SAS
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Authors
The European Commission approved, on 17 August 2020, the recapitalisation of Scandinavian Airlines, known as SAS, by Denmark and Sweden, for a total budget of EUR 1 billion. The measure is based on the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak.
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