| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/06/352 (22.3.06) |
| Publication Date | 22/03/2006 |
| Content Type | News |
|
The European Commission on 22 March 2006 decided to open a formal investigation procedure into a restructuring plan proposed in November 2005 by the Republic of Cyprus to restore the viability of the ailing State-owned flag-carrier. The European Commission had doubts that the current plan was in accordance with the Community framework for rescue and restructuring of firms in difficulty. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/search.htm |
| Subject Categories | Internal Markets |
| Countries / Regions | Cyprus |
