Denmark
Measures taken in response to coronavirus (COVID-19) pandemic
| Adoption date | Type of measure | Beneficiaries' sector specification | Description of measure | 
| 10/03/2020 | Tax deferrals | Non-financial corporations | Payment of VAT for large corporates can be postponed; Payments of taxes deducted from income at source, and labour market contributions can be postponed by both large and small and medium sized companies. | 
| 12/03/2020 | Public guarantees | Non-financial corporations | State guarantee of 80 per cent of value of new bankloans experiencing a fall in profits of at least 50 per cent. | 
| 12/03/2020 | Direct grants | Non-financial corporations | Salary compensations for employees on sick leave related to Corona-virus quarantine. | 
| 15/03/2020 | Direct grants | Non-financial corporations | Government compensates employers for between 75 and 90 pct of monthly salary. | 
| 16/03/2020 | Tax deferrals | Non-financial corporations | Payment of VAT and income tax has been postponed for all businesses | 
| 19/03/2020 | Direct grants | Non-financial corporations | Government compensates fixed costs (between 25 and 80 per cent of costs) covering companies with a big drop in turnover as result of Covid-19. Fixed costs for companies enforced to temporarily close are fully covered. | 
| 19/03/2020 | Public guarantees | Non-financial corporations | Increase in government guaranteed loan schemes: For large corporates, guarantee scheme is expanded to 25 bn DKK; for small and medium sized companies, guarantee scheme is expanded to 17,5 bn DKK | 
| 19/03/2020 | Other measures of fiscal nature | Households | Increased access to unemployment benefits and student loan schemes | 
| 19/03/2020 | Direct grants | Non-financial corporations | Increased credit lines through the Danish Export Fund (EKF) for small and medium sized enterprizes | 
| 19/03/2020 | Public guarantees | Non-financial corporations | Increase in guarantees through the Travel guarantee fund | 
| 20/03/2020 | Other measures of fiscal nature | Other | Public sector: Advance/move forward planned public investments by removing construction budget caps for regions and municipalities. Estimated value is at around 10 bn DKK | 
| 11/06/2020 | Equity participation | Non-financial corporations | Based on a number of criteria, the fund will provide direct equity support for larger companies (recapitalisation). | 
| 09/04/2020 | Other measures of fiscal nature | Non-financial corporations | Payout of already paid VAT for second half or fourth quarter of 2019 for small and medium sized enterprises in the form of a loan with interest rate = 0. | 
| 09/03/2020 | Direct grants | Households | Compensation of self-employed and freelancers income (up to 90 per cent) if they experience a drop in income by 30 per cent. | 
| 18/04/2020 | Equity participation | Non-financial corporations | Support companies through direct equity praticipation or via funds | 
| 18/04/2020 | Public guarantees | Non-financial corporations | Match financing guarantees through Vækstfonden of up to 80 per cent of a loan (1:3); other financing in the form of private investors or private equity is still required | 
| 31/08/2020 | Other measures of fiscal nature | Non-financial corporations | Easing of access to supplementary unemployment benefits. Employees can split full-time positions while recieving supplementary unemployement benefits at favourable terms. | 
| 10/12/2020 | Direct grants | Non-financial corporations | Government compensates employers for between 75 and 90 pct of monthly salary. | 
| 10/12/2020 | Direct grants | Non-financial corporations | Government compensates fixed costs (between 25 and 80 per cent of costs) covering companies with a big drop in turnover as result of Covid-19. Fixed costs for companies enforced to temporarily close are fully covered. | 
| 10/12/2020 | Direct grants | Households | Compensation of self-employed and freelancers income (up to 90 per cent) if they experience a drop in income by 30 per cent. | 
| 09/12/2021 | Direct grants | Non-financial corporations | Government compensates fixed costs (between 25 and 80 per cent of costs) covering companies with a drop in turnover of at least 30 percent as a result of Covid-19. Fixed costs for companies enforced to temporarily close are fully covered. | 
| 09/12/2021 | Direct grants | Households | Compensation of self-employed and freelancers income (up to 90 per cent) if they experience a drop in income by 30 per cent. | 
| 09/12/2021 | Public guarantees | Non-financial corporations | Increase in government guaranteed loan schemes: For large corporates, guarantee scheme is expanded to 25 bn DKK; for small and medium sized companies, guarantee scheme is expanded to 17,5 bn DKK | 
| 12/03/2020 | CCyB | Banking sector | Release of the countercyclical buffer from 1,0% to 0,0%, and cancellation of already announced increases to 2,0 % | 
| 12/03/2020 | Lending standards | Banking sector | The DFSA will temporarily dispense from the requirement that properties serving as collateral for covered-bonds are internally inspected by the mortgages credit institution | 
| 17/03/2020 | Reporting requirements | All financial sectors | Executive orders give the DFSA, as well as other agenecies, the power to dispense from reporting requirements for companies under supervision | 
| 18/03/2020 | Reporting requirements | Insurance sector | The DFSA will require insurance companies to report SCR on a weekly basis | 
| 19/03/2020 | Lending standards | Banking sector | The DFSA will allow banks to dispense from usual lending procedures, when providing reasonable additional liquidity for a short temporary period to households and corporations with sound credit standings. For vunerable and week customers banks will have to perform case-by-case assessments as usual. | 
| 20/03/2020 | Reporting requirements | All financial sectors | The DFSA will allow financial companies to apply for an extension of the requirement to send annual reports, approved at the general meeting of shareholders, to the DFSA | 
| 24/03/2020 | Other measure | All financial sectors | The DFSA will temporarily dispense from the requirement that new board-members of financial companies undergo a training course within 12 months of appointment | 
| 12/03/2020 | Credit facilities | Banking sector | 1-week loans against collateral with an interest rate of -0.50 per cent. | 
| 19/03/2020 | Swap lines | Banking sector | Bilateral swap agreement between the Federal Reserve and Danmarks Nationalbank amounts to 30 billion dollar | 
| 19/03/2020 | Credit facilities | Banking sector | 3-month loans against collateral at variable interest rate following 1-week loans. | 
| 20/03/2020 | Swap lines | Banking sector | EUR Swap line with ECB reactivated; Size of swap line was increased from €12 billion to €24 billion. |