The Commission authorise rescue aid for Austrian Airlines

Auteur:

Yanesha


Catégorie:

Travel News


Tags:

, Commission


Heure:

21st January, 2009



The Commission has analysed the rescued aid for Austrian Airlines and has thus authorised it after checking that it abides with Community rules particularly the rescue aid is in the form of a loan guarantee for €200 million granted at market rates and the amount of aid is limited to what is needed to run the company. The Commission took such decision because of the financial crisis of Austrian Airlines.

Source: Europa

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