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Europe Daily Bulletin No. 9027

15 September 2005
Contents Publication in full By article 15 / 33
GENERAL NEWS / (eu) eu/transport/state aid
Greece in Commission's firing line over illegal State aid to Olympic Airways and Olympic Airlines

Brussels, 14/09/2005 (Agence Europe) - On 14 September, the Commission presented its conclusions on the investigation procedure which was opened on 16 March 2004 into the details of the creation of the new airline Olympic Airlines, an offshoot of Olympic Airways, in December 2003. After an in-depth investigation into the state of the finances of Olympic Airways and Olympic Airlines for 18 months, the Commission noted that since December 2002, both companies had benefited from illegal...

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