EC demands repayment of loan to CASA
The European Commission will order Spain to recover Ptas1.2 billion ($8.3 million) from state-owned CASA, which received a loan of Ptas7.2 billion ($49.5 million) between 1991 and 1993 to finance the development of the CASA-3000 aircraft. Development of the CASA-3000, which was intended to be a 70...
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