On Monday 23 April, the European Commission opened an in-depth investigation into a loan of €900 million awarded by the Italian state to the airline Alitalia in 2017, in order to determine whether or not it is compatible with EU state aid rules.
Alitalia, an Italian airline owned by the consortium Compagnia Aerea Italiana (51% of shares) and Etihad Airways (49% of shares), has been experiencing financial difficulties for several years. For this reason, the company was placed under the...