Author (Corporate) | European Commission: DG Communication |
---|---|
Series Title | Press Release |
Series Details | IP/06/280 (8.3.06) |
Publication Date | 08/03/2006 |
Content Type | News |
The European Commission on 8 March 2006 authorised rescue aid for the Italian airline Volare Airlines SpA. This short-term aid was intended to rescue the firm from bankruptcy and allow it to take steps to continue operating. The aid consisted of a €25 million guarantee from the Italian Government which the airline would be able to use to obtain credit for that amount from the banks. |
|
Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/280&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Italy |
![](https://www.europeansources.info/wp-content/uploads/esologo2.png)