On the 12 March, the European Commission approved the
first national state aid scheme notified by
Denmark to compensate companies that had to cancel events with more
than 1000 people due to the COVID-19 outbreak. The EU
Commission signed off on those plans within an unprecedented 24
hours.
With the rapid spreading of this virus around the globe,
countries are taking unprecedented measures to contain the spread
and businesses are increasingly struggling with the economic
impact, particularly airlines, tour operators and event businesses
being the first to be affected. Statistics show that Europe’s
airports are registering double digit decreases in passengers
during March 2020, in comparison to the equivalent weeks in
2019.
