Bidders released from repaying Alitalia aid

Author (Person) ,
Series Title
Series Details 13.11.08
Publication Date 13/11/2008
Content Type

The European Commission gave a green light on the 12 November 2008 to the consortium of Italian industrialists bidding for Alitalia by ruling they did not need to repay €300m of illegal state aid given by Rome to the lossmaking airline.

Related Links
ESO: Background information: Meridiana fights 'unfair advantage' http://www.europeansources.info/record/meridiana-fights-unfair-advantage/
ANSA, 12.11.08: EC gives OK to 'new' Alitalia http://www.ansa.it/web/notizie/rubriche/english/english.shtml
European Commission: DG Communication: Press Release: IP/08/1692: Alitalia: the Commission adopts two State aid decisions http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1692&format=PDF&aged=0&language=EN&guiLanguage=en
BBC News, 12.11.08: Alitalia ordered to pay back loan http://news.bbc.co.uk/1/hi/business/7724568.stm
France24, 12.11.08: EU Commission approves Alitalia takeover http://www.france24.com/en/20081112-european-commission-approves-alitalia-takeover-aviation&navi=EUROPE
EurActiv, 13.11.08: Alitalia bidders cleared from repaying state aid http://www.euractiv.com/transport/alitalia-bidders-cleared-repayin-news-220750

Subject Categories ,
Countries / Regions