European Commission investigates compliance of €321.2M German aid to Condor
Aerotime
JULY 29, 2024
The European Commission has launched a detailed investigation into the €321.2 million restructuring aid granted by Germany to the German charter airline Condor to assess its compliance with EU State aid rules. This aid was initially approved in July 2021 according to the EU’s State aid Rescue and Restructuring Guidelines. However, the approval was overturned by the General Court on May 8, 2024.
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