Commission Gives Green Light for KLM’s €3.4bn Bailout

By admin 13 Ιουλίου 2020 No comment

The European Commission on Monday approved, under EU State aid rules, a 3.4 billion euros Dutch aid measure to KLM to provide urgent liquidity to the company in the context of the Covid-19 outbreak. A major network airline operating in the Netherlands, KLM is part of the Air France – KLM Group, in which the […]

EU: We Need to Carefully Reopen Borders in Europe

By admin 14 Μαΐου 2020 No comment

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The European Commission on Wednesday proposed for EU member states to take a gradual approach on lifting travel restrictions, comprised of three phases, and based on specific criteria. “We need to carefully reopen borders within Europe. So we’ve adopted guidance for Member States on a gradual, coordinated lifting of restrictions on free movement in Europe,” […]

European Commission Approves €7bn French Aid to Air France

By admin 4 Μαΐου 2020 No comment

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Photo source: Air France The European Commission on Monday approved a 7-billion-euro French aid measure to Air France for the company to obtain urgent liquidity in the context of the Covid-19 pandemic. As a result of the imposition of travel restrictions introduced by France and by many destination countries to limit the spread of the coronavirus, […]

Covid-19: Commission Approves €2bn Greek Guarantee Measure to Support Companies

By admin 3 Απριλίου 2020 No comment

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The European Commission on Friday approved a 2-billion-euro Greek aid scheme to support the country’s economy economy in the context of the coronavirus (Covid-19) outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on March 19, as amended on April 3. Greece notified to the Commission a support measure […]