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UE condemns the financial state supports to Olympic Airways: they were illegal

Brussels, Belgium - Ryanair to be charged as well

The UE Transport Commission, leaded by Loyola de Palacio, has declared illegal the financial aids of which it would have enjoyed the national Greek airline Olympic Airways, because such financial provisions would be forbidden by the rules of the European Community. Now the Greek carrier will have to give back to the State a sum of EUR 194m that, according to the analysts, will bring down the Olympic....

AVIONEWS - World Aeronautical Press Agency - 37133

AVIONEWS - World Aeronautical Press Agency
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