Airline

Cyprus Airways government restructuring loan investigated by EU

  • Share this:
Cyprus Airways government restructuring loan investigated by EU

The European Commission is investigating the latest plan to rescue Cyprus Airways and is considering whether the €102 million in state aid – which includes a €31.3m ($42.4m) capital injection granted in 2012, a conversion of €63m ($85m) debts into equity and €8.6m ($11.6m) to cover the def...

Page content restricted for non-members!

Become a member!