Decision soon on Alitalia repaying millions in aid -EU's Vestager
A decision on whether Alitalia will have to pay back millions of euros in state aid is not far off, EU antitrust chief Margrethe Vestager said on Wednesday. “A decision is not too far in the calendar because we have worked this case a lot,” Vestager told a news conference. Italy has decided to renationalise the loss-making airline after 11 difficult years as a private company and three failed restructuring attempts. In 2017 Rome granted a bridge loan worth E900m ($1b), which has not been paid back, and at the beginning of this year it pumped in a further E400m.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-10-08/sky/decision-soon-on-alitalia-repaying-millions-in-aid-eus-vestager
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Decision soon on Alitalia repaying millions in aid -EU's Vestager
A decision on whether Alitalia will have to pay back millions of euros in state aid is not far off, EU antitrust chief Margrethe Vestager said on Wednesday. “A decision is not too far in the calendar because we have worked this case a lot,” Vestager told a news conference. Italy has decided to renationalise the loss-making airline after 11 difficult years as a private company and three failed restructuring attempts. In 2017 Rome granted a bridge loan worth E900m ($1b), which has not been paid back, and at the beginning of this year it pumped in a further E400m.<br/>
