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Image header Agence Europe
Europe Daily Bulletin No. 8947
Contents Publication in full By article 23 / 37
GENERAL NEWS / (eu) eu/court of justice

Judgement against Greece for failing to demand repayment of aid granted to Olympic Airways but considered illegal

Luxembourg, 13/05/2005 (Agence Europe) - The Court of Justice has ruled against Greece for not having taken all the measures necessary for repayment of the aid granted to Olympic Airways. The Commission found the aid was incompatible with the common market, a Court press release states (see also the Commission's reaction in yesterday's EUROPE, p.10). The European judges believe the adoption by the Greek authorities of a decision to recover the sum of EUR 41 million, paid out as aid for...

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