COVID-19

Denmark offers new aid to businesses after extending lockdown

Reuters

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Denmark offers new aid to businesses after extending lockdown

NATIONAL FLAG. Denmark's national flag flutters in Copenhagen, October 22, 2019.

File photo by Andreas Mortensen/Reuters

Denmark's new aid package for businesses is worth 170 billion Danish crowns ($27.68 billion)

Denmark made another $27.7 billion in financial aid available on Friday, January 29, to businesses affected by the coronavirus pandemic, a day after the government extended lockdown restrictions until March.

The government on Thursday, January 28, prolonged current restrictions, in place to curb a more infectious variant of the coronavirus, first registered in Britain, until February 28.

“Highly contagious virus mutations give rise to concerns in our healthcare system and in the rest of Danish society,” Morten Bodskov, tax and interim financial minister, told a press conference on Friday.

The new aid package includes liquidity loans and extension of value-added tax and tax payments for businesses worth 170 billion Danish crowns ($27.68 billion).

During the epidemic, Denmark has extended liquidity aid to businesses worth 480 billion Danish crowns in total, Bodskov said.

Restrictions currently in place include a 5-person limit on public gatherings and closure of restaurants, bars, and schools.

Although general infection numbers are declining in Denmark along with new hospital admissions, the number of people infected with the new B117 variant is rising.

In the 3rd week of January, 13.5% of positive tests analyzed for their genetic material contained the mutated variant, according to preliminary data from disease authorities. – Rappler.com

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