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Image header Agence Europe
Europe Daily Bulletin No. 8140
Contents Publication in full By article 10 / 27
GENERAL NEWS / (eu) eu/transport

Green light for French aid to airline companies

Brussels, 30/01/2002 (Agence Europe) - On Wednesday, the European Commission decided to approve 54.9 million euro in aid granted by France to its airline companies to compensate for losses recorded in the four days of the closure of the American air space, between 11 and 14 September. The Commission had already approved an aid scheme set up to cover insurance premiums linked to the risks of war and attacks on companies in France, Spain, Denmark, Austria, Germany, Sweden, Belgium, Luxembourg, Portugal and the United Kingdom. It had defined the conditions applicable to aid for the four days of the closure of the air space in a communication of 10 October on the "repercussions of the terrorist attacks in the Unite States on the air transport industry". The EU is, moreover, seeking to conclude an agreement with the United States to prevent aid granted by Washington to American companies playing in favour dumping practices. Spain has made of this subject one of its priorities in the transport sector

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