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Europe Daily Bulletin No. 8009

19 July 2001
Contents Publication in full By article 25 / 34
GENERAL NEWS / (eu) eu/state aid
Commission should examine re-capitalisation of Sabena in September in light of agreement concluded by Swissair and Belgian State

Brussels, 18/07/2001 (Agence Europe) - The European Commission should be postponing to September the opening of an investigation into the planned re-capitalisation of the Belgian airline company Sabena, in the light of the agreement reached this week between the Belgian Government and the airline company Swissair. According to the agreement, Swissair would free itself of its commitment, made in January of this year, of taking its stake in Sabena from 49.5% to 85%. In return, Sabena will...

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