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Europe Daily Bulletin No. 13303

30 November 2023
Contents Publication in full By article 27 / 40
ECONOMY - FINANCE - BUSINESS / State aid
European Commission authorises SAS airline recapitalisation of around €833 million
Brussels, 29/11/2023 (Agence Europe)

On Wednesday 29 November, the European Commission announced that it had authorised a recapitalisation of SAS airline amounting to approximately €833 million (SEK 9.5 billion) granted in October 2020 under the “Covid” temporary framework. This measure was part of a wider package of recapitalisation measures.

On 10 May 2023(see EUROPE B13179A18), the General Court of the EU annulled a recapitalisation of SAS, notified on 11 August 2020 by Denmark and Sweden (see EUROPE B12544A3), on...

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