Brussels, 17/09/2008 (Agence Europe) - The European Commission blew hot and cold on Wednesday 17 September by approving the privatisation of Greek public airlines Olympic Airlines and Olympic Airways Services while calling on the Greek government to recover from the companies €850 million in state aid (“incompatible” with Community law). On 19 December 2007, the European Commission began an investigation into these state aids (see EUROPE 9570).
The Commission and the Greek government...