| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/431 (15.05.13) |
| Publication Date | 15/05/2013 |
| Content Type | News |
|
The European Commission has concluded that a rescue loan of PLN 400 million (around €100m) granted by the Polish government to LOT Polish Airlines was in line with EU state aid rules. The Commission found, in particular, that the aid was limited in time and scope. The Commission has approved the measure temporarily, until it can take a position on the restructuring plan to be submitted by Poland by 20 June 2013 (i.e. within six months from implementation of the measure). |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-431_en.htm |
| Subject Categories | Business and Industry, Internal Markets, Mobility and Transport |
| Countries / Regions | Europe, Poland |
