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2.7.2020 |
EN |
Official Journal of the European Union |
C 218/12 |
State aid – Decision to raise no objections
(2020/C 218/07)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
30 March 2020 |
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Case No |
84976 |
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Decision No |
029/20/COL |
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EFTA State |
Norway |
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Legal basis |
The legal basis of the scheme is the Parliamentary Decision authorising the public guarantee scheme, in accordance with conditions proposed by the Ministry. |
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Type of measure |
Scheme |
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Objective |
The purpose of the guarantee scheme is to alleviate the liquidity shortage faced by the airline industry and ensure that disruptions caused by the COVID-19 outbreak do not undermine the airlines’ viability. |
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Form of aid |
Public guarantees |
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Budget |
Estimated NOK 6 billion |
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Duration |
31 March – 30 June |
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Economic sectors |
Airline industry |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s website: http://www.eftasurv.int/state-aid/state-aid-register/decisions/