EC looking into 190 million euro state aid in favour of TAROM
Publicat:The European Commission announced today having opened an in-depth investigation to assess whether Romanian support measures in favour of the airline TAROM would be in line with EU rules on state aid to companies in difficulty, the Community Executive announced in a release.
Romania's state-owned flag carrier TAROM has been experiencing financial difficulties for years. The company has received a temporary rescue loan from the state worth approximately 36.7 million euros, after approval by the Commission under EU State aid rules in February 2020. On May 28, 2021, Romania notified to the…
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