Brussels, 19/01/2009 (Agence Europe) - On Monday 19 January, the European Commission decided to authorise rescue aid for Austrian Airlines.
The Commission examined the rescue aid and found it complied with Community rules. It concluded that aid was warranted and in line with the provisions of the Community framework for rescue and restructuring of firms in difficulty. The aid is in the form of a loan guarantee for €200 million granted at market rates. Also, the amount of the aid is...