Austrian Airlines approved rescue aid by the commission

January 21 2009 09:15 PM
Economic News

The Commission has decided to approve rescue aid for the flag carrier of Austrian, Austrian Airlines. The Commission has approved the rescue aid to Austrian Airlines as it meets the terms with the Community rules i.e. the aid is in form of a loan guarantee for €200 million granted at market rates and the amount of aid is limited to what is required to handle the company:

Source: Europa

URL : http://www.air-valid.co.uk/austrian-airlines/identity.html

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