Tuesday

17th Jul 2018

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EU Commission opens probe on Alitalia state loan

The European Commission opened an investigation on Monday over a €900m loan from the Italian government to Alitalia last year. "The commission has a duty to make sure that loans given to companies by member states are in line with the EU rules on state aid," said EU competition commissioner Margrethe Vestager. The loan was given to avoid bankruptcy, after the airline was placed under extraordinary administration in May 2017.

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