Olympic sell-off secures EU backing

By Nikki Tait in Brussels and Kerin Hope in Athens Brussels on Wednesday gave the go-ahead to a partial privatisation of Olympic Airways, but also said that €850m ($1.2bn) of illegal state aid granted to the loss-making Greek airline during the past three years needed to be repaid. The announcement could mark the end of a long battle between the European Commission and Athens over subsidies to the carrier, dating... [read full story]                    

Add Comment
There are also 12 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organisations, related topics, regions and companies