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EU greenlights €1.2 billion state aid for TAP

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EU greenlights €1.2 billion state aid for TAP

The European Commission has approved, under EU State aid rules, Portugal's plans to grant a €1.2 billion rescue loan in favour of Transportes Aéreos Portugueses (TAP), according to a statement earlier today on the EC’s website. Ryanair has been a vocal critic of state aid to European airlines a...

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