The European Commission is to rule Wednesday on whether Greek national carrier Olympic Airlines must repay illegal government subsidies, a move that could cripple the company.
The Greek government already has said the commission would likely demand that the carrier returns some Ђ500 million (US$610 million) in aid dating back to the beginning of the decade.
The 25-nation EU wants to limit state handouts to airline carriers as much as possible to create a level playing field in the business.
Earlier this year, the European Court of Justice ruled the Greek government had made insufficient efforts to recover Ђ41 million (US$50.33 million) in restructuring aid and Ђ153 million ($188 million) in new operating aid given to Olympic Airways, reports the AP.
Indeed, how dare they run US-independent policy? They should have followed the example of the European Union that turned independent states of the Old World into US-ditto entities