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The UE Court imposes two fold-penalty on Greece
Brussels, Belgium - For non-recovery of State aid to Olympic Airways held illegal in 2005
"In 2002, the Commission took the view that certain aid granted by Greece to Olympic Airways (OA) was incompatible with the common market for failing to comply with certain conditions initially laid down. The aid had to be recovered without delay. Faced with inertia from Greece, the Commission first made an application to the Court in 2003. A judgment holding that Greece had failed to fulfil its obligations...
fra/pec - 1106928
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency