Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/10/1753 (21.12.10) |
Publication Date | 21/12/2010 |
Content Type | News |
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation. In particular, the Commission has doubts that Malév would have been able to obtain financing from the market on the terms conceded by the Hungarian authorities. The opening of an in-depth investigation gives interested parties the possibility to comment on the measures under examination. It does not prejudge the outcome of the investigation. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1753&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Hungary |