As the economic impact of the pandemic continues to unfold, governments around the world are unveiling financial support packages on a scale never seen before. This guide collected by Skadden Arps with our contributions for Denmark included provides an overview of the key measures that governments in Europe, Russia and the United States have taken to provide financial support to businesses as a response to the COVID-19 pandemic, with a focus on liquidity measures aimed at medium to large businesses.
Governmental responses to the COVID-19 pandemic are rapidly evolving: new state aid schemes are being rolled out, and existing schemes refined, on a continual basis. This guide collected by Skadden Arps with our contributions for Denmark (Rikke Schiøtt Petersen, Emily Nordin and Nathalie Bromand Geisler) is a summary of the key measures in place (and in some cases announced but not yet available) as of 27 April 2020. It is not intended to be comprehensive and does not cover prudential action taken by regulators that is aimed specifically at the financial sector.