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Europe Daily Bulletin No. 9998

15 October 2009
GENERAL NEWS / (eu) eu/state aid
Commission authorises state aid for Olympic Catering's voluntary redundancy scheme

Brussels, 14/10/2009 (Agence Europe) - On Wednesday 14 October 2009, the European Commission decided not to raise any objections to the plans of the Greek authorities to cover part of the costs of the voluntary redundancy scheme that former Olympic Airways subsidiary Olympic Catering SA plans to implement for some of its staff in order to help it start making profits again. The aid believes the aid is necessary and does not go beyond what is required to help the company cope with the...

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