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Denmark wins EU approval to support new export and investment fund

( May 12, 2023, 09:45 GMT | Official Statement) -- MLex Summary: Denmark has received European Commission clearance to set up an export and investment fund aimed at supporting economic development and growth for businesses. The commission said the measure consists of an an initial capital injection of up to 6 billion kroner (around $880 million), another 24.8 billion kroner contribution to the three state-owned entities that will form the fund, state guarantees worth around 10 million kroner per year, as well as an exemption from paying corporate income tax.Statement follows. ...

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