Yale School of Management

Posts by Denmark

Denmark Plans to Pay Fixed Costs for SMEs Hit by Coronavirus Lockdown

March 21, 2020

On March 18, the Danish Minister of Finance introduced a plan to pay a significant portion of the cost of small and medium businesses whose revenues fall by more than 25% during the coronavirus pandemic. The plan, which the Parliament passed on March 19, would cost the government roughly 40 billion Danish crowns ($5.8 billion or about 1.6% of GDP) for the first three months (see details here in Danish).

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