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Europe Daily Bulletin No. 11810

17 June 2017
ECONOMY - FINANCE - BUSINESS / State aid
Greek restructuring aid to rail operators OSE and TRAINOSE approved
Brussels, 16/06/2017 (Agence Europe)

On Friday 16 June, the European Commission approved the restructuring support measures decided upon by Greece in 2011 in favour of OSE, the national railway infrastructure manager, and TRAINOSE, the passenger and goods rail transport operator.

Following the opening of a formal investigation procedure in July 2011 into the measures in support of TRAINOSE, the Commission concluded that the measures taken for both companies – such as the cancellation of debt, transfers of staff and annual...

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