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European Commission Approves Swedish Scheme to Support Uncovered Fixed Costs of Companies Affected by COVID-19 Outbreak

16 February 2021

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Approved Changes

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Sweden-European Union

The European Commission has announced its approval on 12 February 2021 of a Swedish scheme to support the uncovered fixed costs of companies affected by the COVID-19 outbreak. --- State aid: Commission approves €1.4 billion Swedish scheme to support uncovered fixed costs of companies affected by coronavirus outbreak The European Commission has approved an approximately €1.4 billion (SEK 14 billion) Swedish scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: "Swedish companies have experienced a...