Bridging the COVID-19 Liquidity Gap: New Political Agreement regarding Danish State Guarantee Schemes
On 15 June 2020, a political agreement was reached between the Danish Government and a number of Danish political parties regarding gradual phase-out of certain existing COVID-19 aid packages which are to be replaced with a comprehensive economic recovery package designed to boost the Danish economy following the outbreak of COVID-19. Among other elements, the political agreement provides for two significant changes to the four Danish state guarantee schemes already established via Vækstfonden (the Danish State's investment fund) and EKF Denmark's Export Credit Agency...
