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Brussels approves loan for Alitalia
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| The European Commission yesterday formally approved a 400m ($495m) government emergency loan for Alitalia, the struggling Italian flag- carrier. |
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| Updated |
Jul 21, 2004 08:07:07 |
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0 | | Author | Financial Times |
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| Similar news: | - EU Set to OK Alitalia Loan, Shares Rise - The European Commission is set toapprove an Italian plan to rescue struggling airline Alitalia ,EU Transport Commissioner Loyola de Palacio said on Tuesday,lifting the carrier's shares but drawing wrath fromcompetitors. "Next week it should be possible to
- Alitalia gets EU lifeline loan - The European Commission has approved a 400m euro($500m, £269m) loan to be guaranteed by the Italian goverment for the ailing state-controlled Alitalia.
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