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Europe Daily Bulletin No. 8667

17 March 2004
Contents Publication in full By article 20 / 41
GENERAL NEWS / (eu) eu/state aid
Formal investigation on Olympic Airways

Brussels, 16/03/2004 (Agence Europe) - As foreseen, the Commission has decided to open formal review procedure against Greece on the subject of Olympic Airways, in order to gather information on the arrangements for the creation and privatisation of a new company, Olympic Airlines, in order to verify whether the process contains any element of State aid. At this stage, the Commission doubts that several measures taken over recent years by the government will be compatible with the rules on...

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