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Image header Agence Europe
Europe Daily Bulletin No. 12521
Contents Publication in full By article 13 / 33
EU RESPONSE TO COVID-19 / State aid

European Commission authorises €250 million in Latvian support to recapitalise airBaltic and other measures

The European Commission approved, on 3 July, a €250 million Latvian measure to recapitalise airBaltic in the context of the Covid-19 pandemic. The scheme has been authorised under the State Aid Temporary Framework.

For Margrethe Vestager, Executive Vice President in charge of competition policy, the measure “ensures that the State is sufficiently remunerated for the risk taxpayers assume, and that the support comes with strings attached, including a dividend ban as well as further...

Contents

SECTORAL POLICIES
EU RESPONSE TO COVID-19
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
NEWS BRIEFS
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