login
login
Image header Agence Europe
Europe Daily Bulletin No. 12705
EU RESPONSE TO COVID-19 / State aid

European Commission approves €462 million Portuguese aid to TAP

The European Commission gave the green light on Friday 23 April to a €462 million Portuguese support for Transportes Aéreos Portugueses, S.A. (‘TAP’) to compensate for the damage suffered by the airline as a result of the Covid-19 pandemic between 19 March and 30 June 2020.

Margrethe Vestager, Executive Vice-President responsible for competition policy, said she was examining “the restructuring plan for the company submitted by Portugal” separately.

TAP is the largest airline...

Contents

EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE
EXTERNAL ACTION
INSTITUTIONAL
SOCIAL - CULTURE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
NEWS BRIEFS
CALENDAR
CALENDAR EXTRA