| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/05/521 (3.5.05) |
| Publication Date | 03/05/2005 |
| Content Type | News |
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The European Commission decided on 3 May 2005 to authorise rescue aid for Cyprus Airways, the Cypriot flag carrier. The aid consisted of a CY£ 30 million (€51 million) loan guarantee for six months so as to allow the authorities to organise the restructuring of the airline. |
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| Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/521&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Internal Markets |
| Countries / Regions | Cyprus |
