- The release of the so-called 'countercyclical capital buffer' banks have been required to keep on their books since the 2007 financial crisis. This will provide them an extra 200bn Danish kroner in liquidity, which they can either use to lend to businesses or to withstand losses on existing loans.
- Two new loan guarantee schemes, one for large companies and one for small and medium enterprises (SMEs). The government will guarantee 70 percent of the value of any new bank loans given to SMEs who have seen operating profits fall by more than 50 percent. This could back up to 4.8bn kroner in new loans. It will guarantee 70 percent of the value of new loans to large companies who can demonstrate a fall in turnover over more than 50 percent. This could back 2.7bn kroner in new loans.
- Employers from now on be completely reimbursed by the government from the first day that an employee becomes ill or enters quarantine due to coronavirus, rather than having to themselves absorb the bill for the few days.
- Employment legislation is being relaxed to allow companies to reduce employees hours temporarily, with the employees incomes then supplemented by unemployment benefit. The Ministry of Employment hopes that this will prevent employees from being laid off.
She said that she had been encouraged by the fact that Omicron was a “visibly less dangerous variant if it is not allowed to explode.”