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State aid: Commission approves €150 million Austrian subordinated loan to compensate Austrian Airlines for damages suffered due to coronavirus outbreak

July 7, 2020 by European Union Leave a Comment

This article is brought to you in association with the European Commission. The European Commission has found an Austrian €150 million subordinated loan (convertible into a grant) in favour of Austrian Airlines AG to be in line with EU State aid rules. The measure aims at partly compensating the airline for the damages suffered due to […]

Filed Under: European Union News Tagged With: Austria, Austrian Airlines, Brussels, Brussels magazine, Commission, Coronavirus outbreak, Critical, Critical Magazine, Critical News, Critical News Europe, EU magazine, EU News, EU Sting, state aid, The European Sting, The Sting

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State aid: Commission approves €150 million Austrian subordinated loan to compensate Austrian Airlines for damages suffered due to coronavirus outbreak

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