EC Ruling: Blue Air State Aid Did Not Meet EU Rules, Must Be Recovered

blue air jet on tarmac
Credit: MoiraM/Alamy Stock Photo
State aid worth $37 million for Romanian LCC Blue Air did not meet European Union (EU) state aid rules and must be recovered, the European Commission (EC) said, in the latest in a series of rulings against state aid for airlines in the region. The Commission concluded that Blue Air's restructuring...

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