POST Online Media Lite Edition


Denmark proposes $1.5 billion fund for firms struggling with corona crisis

Christian Fernsby |
Denmark proposes to create a fund for the state, possibly together with private investors, to inject 10 billion Danish crowns ($1.52 billion) into large companies struggling during the coronavirus crisis, newspaper Borsen said.

Article continues below

Topics: DENMARK   

“It is too early to say to what extent such a fund will be needed, which is why the 10 billion is a starting point,” Finance Minister Nicolai Wammen told Borsen.

He added that the fund could exceed 10 billion crowns if needed.

What to read next

European corruption body opens procedure against Denmark
EC opens in-depth investigation into public financing of Oresund fixed rail-road link
EC approves compensation granted by Denmark to Post Danmark