The EU Commission has approved the hybrid loan by the State of Finland to Finnair
Finnair Plc Stock Exchange Release 17 March 2021 at 2.30 p.m. EET Finnair and the State of Finland have today signed an agreement on a hybrid loan of maximum 400 million euros to support Finnair. The decision was made by the Plenary Session of the Government on February 18, 2021. The arrangement has the approval of the EU Commission’s competition authority in line with the European Union’s state aid rules. The COVID-19 pandemic has led to travel restrictions which have caused severe losses to Finnair, which has been taken into account in the interest