Home Posts tagged Margrethe Vestager

EU’s New Digital Market Act to Protect Hotels from ‘Gatekeepers’

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Eu’s New Digital Market Act To Protect Hotels From ‘gatekeepers’
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Photo source: European Parliament EU lawmakers agreed recently to the adoption of the Digital Markets Act (DMA) aimed at ensuring fair competition and more choice for users and ultimately protecting hospitality enterprises from so-called “digital gatekeepers” which exercise disproportionate power towards their business users and consumers. Europe’s hotel industry through

EU Approves €500m Greek Aid Scheme to Support Companies Hit by Covid-19

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Eu Approves €500m Greek Aid Scheme To Support Companies Hit By Covid 19
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Photo source: @European Commission The European Commission has approved a Greek scheme with an estimated budget of up to 500 million euros to support the uncovered fixed costs of companies affected by the coronavirus (Covid-19) pandemic. “Many companies in Greece have seen their revenues significantly decline because of the coronavirus outbreak and of the measures […]

Covid-19: Commission Approves €800m Greek Scheme to Support Tourism Sector

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Covid 19: Commission Approves €800m Greek Scheme To Support Tourism Sector
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The European Commission has approved a 800-million-euro Greek scheme to support tourism companies affected by the coronavirus outbreak. The scheme has been approved under the State Aid Temporary Framework. “This €800 million Greek scheme will facilitate access to liquidity for companies active in the tourism sector. They have been hit hard by the pandemic and […]

Air France to Give Up Some Paris-Orly Slots to Receive €4bn State Aid

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Air France To Give Up Some Paris Orly Slots To Receive €4bn State Aid
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The European Commission on Tuesday approved plans by France to grant up to 4 billion euros to reinforce Air France’s equity through its Air France – KLM Holding company, to help the airline face financial difficulties resulting from the coronavirus (Covid-19) pandemic. However, the state aid comes “with strings attached”, including the French national flag […]