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Europe Daily Bulletin No. 12473

24 April 2020
Contents Publication in full By article 16 / 40
ECONOMY / State aid
France and Netherlands provide €12 billion aid to save Air France-KLM
Brussels, 23/04/2020 (Agence Europe)

According to several media reports published on 22 and 23 April, the Franco-Dutch airline Air France-KLM will be receiving a bail-out to the tune of approximately €12 billion in aid.

The reports state that France will be paying roughly €10 billion, while the Netherlands will be writing a less generous cheque, for €2 billion to €3 billion euros.

The airline's management confirmed to the French Senate on Wednesday 22 April that Air France would “need cash in the third quarter of...

Contents

EUROPEAN COUNCIL
EU RESPONSE TO COVID-19
COUNCIL OF EUROPE
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY
COURT OF JUSTICE OF THE EU
EXTERNAL ACTION
CULTURE
NEWS BRIEFS