Brussels, 04/05/2005 (Agence Europe) - On Tuesday, the Commission approved the following State aid regimes in the field of transport:
- Rescue aid to a Cypriot national company Cypriot Airways, consisting of a loan guarantee of 51 million EUR (or 30 million Cypriot pounds) granted at market rates, for the next six months. This will allow the authorities to restructure the airline, which employs 2,400.
- A loan of 45 million EUR, guaranteed by the funding company EUROFIMA to the Czech...