Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Australia 04 04 - Equity support AUD
Austria 04 04 - Equity support EUR
Belgium 04 04 - Equity support EUR
Canada 04 04 - Equity support CAD 537,000,000 384,877,262 Department of Finance Canada. https://www.canada.ca/en/department-finance/economic-response-plan.html (accessed 10 June 2020).

(i) CAD287 million to support rural businesses and communities by providing them with much-needed access to capital through the Community Futures Network. (ii) CAD250 million to assist innovative, early-stage companies that are unable to access other COVID-19 business supports through the Industrial Research Assistance Program (IRAP).

Denmark 04 04 - Equity support DKK 3,500,000,000 518,170,978 OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 30 April 2020).

April 18, DKK3.5 billion in loans and equity provided to entrepreneurs and venture firms. The state investment fund (Vaekstfonden) will provide risky capital to start-ups and venture firm, facing difficulties in financing as private investors withdraw from the market. Available in 2020 only.

European Central Bank 04 04 - Equity support EUR
European Union 04 04 - Equity support EUR 549,000,000 607,300,885 EIB. https://www.eib.org/en/press/all/2020-103-eib-backs-eur5-billion-investment-to-mitigate-economic-impact-of-coronavirus-and-support-medical-technology (accessed 29 April 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 April 2020); EC. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1007 (accessed 12 June 2020).

(i) April 8, The Commission is launching ESCALAR, a new investment approach, developed together with the European Investment Fund (EIF), that will support venture capital and growth financing for promising companies. In its pilot phase, ESCALAR will provide up to EUR300 million backed by the European Fund for Strategic Investments (EFSI); (ii) April 24, EIB also approved an equity investment worth EUR75 million for the German company Curevac, through the EIB's Infectious Disease Financing Facility; (iii) June 8, EUR174 million equity investments from the European Innovation Council (EIC) Accelerator Pilot funding to innovative startups and SMEs [update].

Finland 04 04 - Equity support EUR 686,000,000 758,849,558 MEE. https://tem.fi/artikkeli/-/asset_publisher/ensimmaiset-valtionavustukset-kunnille-yksinyrittajien-tukemiseksi (accessed 3 May 2020); https://vm.fi/en/article/-/asset_publisher/10616/hallitus-paatti-vuoden-2020-neljannesta-lisatalousarvioesityksesta (accessed 9 June 2020); European Sting. https://europeansting.com/2020/06/10/state-aid-commission-approves-e286-million-finnish-measure-to-recapitalise-finnair/ (accessed 15 June 2020).

(i) June 6, Further capital funding of EUR250 million is proposed for Tesi (Finnish Industry Investment Ltd), to increase equity financing for companies [update]; (ii) June 6, Capital funding of EUR 150 million is proposed for strengthening the balance sheet of Finnish Minerals Group [update]; (iii) June 10, The EU Commission approved Finland's plans to contribute to the recapitalisation of Finnair, amounting to EUR286 million through the subscription of new shares by the State in the rights issue launched by Finnair on 10 June 2020 in the context of the coronavirus outbreak [update].

France 04 04 - Equity support EUR 20,000,000,000 22,123,893,805 OECD. https://www.oecd.org/coronavirus/en/ (update as of 14 May 2020).

EUR20 billion for the temporary increase in state-ownership for some firms facing exceptional difficulties.

Germany 04 04 - Equity support EUR 112,000,000,000 123,893,805,310 Federal Ministry of Finance. https://www.bundesfinanzministerium.de/Web/EN/Meta/QuickAccess/quickaccess.html%20And%20other (accessed 17 April 2020); Federal Ministry for Economic Affairs and Energy. https://www.bmwi.de/Redaktion/EN/Pressemitteilungen/2020/20200401-customised-support-for-new-businesses-affected-by-the-coronavirus-crisis.html%0b%0b (accessed 17 April 2020); Bruegel. https://www.bruegel.org/publications/datasets/covid-national-dataset/#germany (accessed 16 April 2020); Deutsche Welle. https://www.dw.com/en/coronavirus-what-countries-are-doing-to-minimize-economic-damage/a-52816921 (accessed 17 April 2020); Finance Yahoo. https://yhoo.it/3gjTIHQ (accessed 25 May 2020); Federal Ministry of Finance. https://www.bundesfinanzministerium.de/Content/DE/Pressemitteilungen/Finanzpolitik/2020/05/2020-05-25-Lufthansa.html (accessed 31 May 2020).

(i) March 23, EUR100 billion under the WSF to directly acquire equity of larger affected companies and strengthen their capital position. May 25, Lufthansa gets a EUR9 billion support, of which EUR6 billion will be equity; (ii) April 1, EUR2 billion to expand venture capital financing to start-ups, new technology companies, and small businesses during the coronavirus crisis; and (iii) EUR10 billion fund by the state of Bavaria to buy stakes in struggling companies.

Ireland 04 04 - Equity support EUR 2,000,000,000 2,212,389,381 DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/May/02052020.html (accessed 9 May 2020).

EUR2 billion Pandemic Stabilisation and Recovery Fund within the Ireland Strategic Investment Fund (ISIF), which will make capital available to medium and large enterprises on commercial terms.

Italy 04 04 - Equity support EUR
Japan 04 04 - Equity support JPY 12,180,000,000,000 113,521,070,501 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020); OECD. https://www.oecd.org/coronavirus/en/ (accessed 6 May 2020).

An increase in the annual pace of the Bank of Japan’s purchases of Exchange Traded Funds (ETFs) and Japan-Real Estate Investment Trusts (J-REITs) up to about JPY12 trillion (2.2% of GDP) and JPY180 billion (0.03% of GDP), respectively.

Luxembourg 04 04 - Equity support EUR
Netherlands 04 04 - Equity support EUR
New Zealand 04 04 - Equity support NZD
Norway 04 04 - Equity support NOK
Portugal 04 04 - Equity support EUR
Spain 04 04 - Equity support EUR
Sweden 04 04 - Equity support SEK
Switzerland 04 04 - Equity support CHF/CHE/CHW
Turkey 04 04 - Equity support TRY 21,000,000,000 3,470,633,257 Bloomberg.https://www.bnnbloomberg.ca/turkey-to-add-3-billion-to-capital-at-three-state-banks-1.1434930 (accessed 16 May)

May 10, Turkey’s sovereign wealth fund injected TRY21 billion into three state lenders (TC Ziraat Bankasi AS, Turkiye Halk Bankasi AS and Turkiye Vakiflar Bankasi TAO) to strengthen their capital positions and minimize the impact of the coronavirus pandemic.

United Kingdom 04 04 - Equity support GBP
United States 04 04 - Equity support USD
Australia 04 04 - Equity support AUD
Austria 04 04 - Equity support EUR
Belgium 04 04 - Equity support EUR
Canada 04 04 - Equity support CAD 537,000,000 384,877,262 Dept. Finance. https://www.canada.ca/en/department-finance/economic-response-plan.html

(i) CAD287 million to support rural businesses and communities by providing them with much-needed access to capital through the Community Futures Network. (ii) CAD250 million to assist innovative, early-stage companies that are unable to access other COVID-19 business supports through the Industrial Research Assistance Program (IRAP).

Denmark 04 04 - Equity support DKK 3,500,000,000 518,170,978 OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 30 April 2020).

April 18, DKK3.5 billion in loans and equity provided to entrepreneurs and venture firms. The state investment fund (Vaekstfonden) will provide risky capital to start-ups and venture firm, facing difficulties in financing as private investors withdraw from the market. Available in 2020 only.

European Central Bank 04 04 - Equity support EUR
European Union 04 04 - Equity support EUR 375,000,000 414,823,009 EIB. https://www.eib.org/en/press/all/2020-103-eib-backs-eur5-billion-investment-to-mitigate-economic-impact-of-coronavirus-and-support-medical-technology (accessed 29 April 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 April 2020).

(i) April 8, The Commission is launching ESCALAR, a new investment approach, developed together with the European Investment Fund (EIF), that will support venture capital and growth financing for promising companies. In its pilot phase, ESCALAR will provide up to EUR300 million backed by the European Fund for Strategic Investments (EFSI); (ii) April 24, EIB also approved an equity investment worth EUR75 million for the German company Curevac, through the EIB's Infectious Disease Financing Facility [update].

Finland 04 04 - Equity support EUR
France 04 04 - Equity support EUR 20,000,000,000 22,123,893,805 OECD. https://www.oecd.org/coronavirus/en/ (update as of 14 May 2020).

EUR20 billion for the temporary increase in state-ownership for some firms facing exceptional difficulties [update].

Germany 04 04 - Equity support EUR 112,000,000,000 123,893,805,310 Federal Ministry of Finance. https://www.bundesfinanzministerium.de/Web/EN/Meta/QuickAccess/quickaccess.html%20And%20other (accessed 17 April 2020); Federal Ministry for Economic Affairs and Energy. https://www.bmwi.de/Redaktion/EN/Pressemitteilungen/2020/20200401-customised-support-for-new-businesses-affected-by-the-coronavirus-crisis.html%0b%0b (accessed 17 April 2020); Bruegel. https://www.bruegel.org/publications/datasets/covid-national-dataset/#germany (accessed 16 April 2020); Deutsche Welle. https://www.dw.com/en/coronavirus-what-countries-are-doing-to-minimize-economic-damage/a-52816921 (accessed 17 April 2020).

(i) March 23, EUR100 billion under the WSF to directly acquire equity of larger affected companies and strengthen their capital position; (ii) April 1, EUR2 billion to expand venture capital financing to start-ups, new technology companies, and small businesses during the coronavirus crisis; and (iii) EUR10 billion fund by the state of Bavaria to buy stakes in struggling companies.

Ireland 04 04 - Equity support EUR 2,000,000,000 2,212,389,381 DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/May/02052020.html (accessed 9 May 2020).

EUR2 billion Pandemic Stabilisation and Recovery Fund within the Ireland Strategic Investment Fund (ISIF), which will make capital available to medium and large enterprises on commercial terms [update].

Italy 04 04 - Equity support EUR
Japan 04 04 - Equity support JPY 12,180,000,000,000 113,521,070,501 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020); OECD. https://www.oecd.org/coronavirus/en/ (accessed 6 May 2020).

An increase in the annual pace of the Bank of Japan’s purchases of Exchange Traded Funds (ETFs) and Japan-Real Estate Investment Trusts (J-REITs) up to about JPY12 trillion (2.2% of GDP) and JPY180 billion (0.03% of GDP), respectively.

Luxembourg 04 04 - Equity support EUR
Netherlands 04 04 - Equity support EUR
New Zealand 04 04 - Equity support NZD
Norway 04 04 - Equity support NOK
Portugal 04 04 - Equity support EUR