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Image header Agence Europe
Europe Daily Bulletin No. 13352
Contents Publication in full By article 16 / 27
ECONOMY - FINANCE - BUSINESS / State aid

European Commission orders recovery of €33.84 million in Romanian aid and interest from Blue Air

On Friday 16 February, the Commission announced that, following its in-depth investigation, it had concluded that Blue Air’s restructuring plan was incapable of restoring the airline’s long-term viability. The Commission therefore ordered the recovery of Romanian state aid totalling €33.84 million plus interest, deemed incompatible with European competition rules.

In August 2020, the Commission approved a public guarantee for Blue Air of around €28 million to cover the damage...

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SOCIAL AFFAIRS
EXTERNAL ACTION
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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
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Op-Ed