On Wednesday 22 December, the European Commission approved €88 million of German aid to Deutsche Bahn AG.
The measure, which will take the form of an equity injection, is intended to compensate Deutsche Bahn for the damage suffered by its subsidiary DB Cargo as a result of the coronavirus pandemic between 16 March and 17 May 2020.
As a result of the pandemic, DB Cargo’s main customers, who are active in the automotive, steel, chemicals/mineral oil and combined transport sectors, were...