Source Pravda.Ru

Repayment of Olympic Airlines aid, to bankrupt Greek carrier

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.

Certainly readers already know that the Prosecutor's Office of Nanterre has ordered that Marine Le Pen, secretary of the Rassemblement National (former FN) and parliamentary to the Assembly, be submitted to psychiatric examination.

This is a liberation fight from the Soviet EU

Certainly readers already know that the Prosecutor's Office of Nanterre has ordered that Marine Le Pen, secretary of the Rassemblement National (former FN) and parliamentary to the Assembly, be submitted to psychiatric examination.

This is a liberation fight from the Soviet EU
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