On 19 March, the Danish parliament passed a DKR 40 billion package of measures to provide support for Danish businesses and their staff. In it are several economic measures such as compensation for a certain number of fixed costs that corporates have to sustain, even though they may have to close, as well as loan extension guarantees for SMEs. The package also takes up provisions that have been formerly negotiated with the social partners, which will enable struggling businesses to abstain from making staff redundant during the crisis period.
On 14 March, together the government, employers and trade unions took a number of measures to limit the negative effects of the crisis protection provisions on both employees and companies. The tripartite agreement intended for the salaries of employees working in companies in difficulties to be paid during the pandemic period. The agreement applies retroactively to 09 March, runs until 09 June, and concerns companies in difficulties faced with laying off either at least 30% of their headcount, or more than 50 staff.
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