Danish response to mitigate the financial impact of Corona and the COVID-19 pandemic

Read about this: You will find an overview of the Danish response to mitigate the financial impact of the COVID-19 pandemic.

The overview covers initiatives taken by the Danish government in support of companies, workers, self-employed, freelancers etc.

Also: The Government and the social partners have concluded a tripartite agreement on a temporary wage compensation scheme for employees who are at risk of redundancy.

The agreement is a major contribution to ensuring that COVID-19 has the smallest possible impact on the work and livelihood of the Danes.

Fact sheet: Tripartite agreement aims to help employees

The breakout of coronavirus places Danish employees and businesses in a difficult situation. When hotel rooms are vacant or when manufacturing companies cannot get components because of the coronavirus, companies are facing revenue shortfalls at a time when they still have to pay their bills. The Government has therefore concluded a tripartite agreement on an employee package which is to protect Danish jobs and ensure that employees get paid as normal.

Agreement on COVID-19 initiatives [translated]

The Government, the Liberal Party, the People’s Party, the Social-Liberal Party, the Socialist People's Party, the Red-Green Alliance, the Conservative People’s Party, Liberal Alliance and the Alternative agree that it is important to take concerted action on a large scale in order to mitigate the consequences of COVID-19 on the Danish society