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Air France-KLM (NR, BB+, BBB-) State Aid

TRANSPORTATION

More back and forth on state aid, this time on AFFP's previously approved (in 2020) then annulled (in late 2023/early 2024) French and Dutch government aid - now being cleared by the EU (again).


Commission today; "the measures contributed to managing the economic impact of the coronavirus in France and the Netherlands. They were necessary, appropriate and proportionate to remedy a serious disturbance in the economy of these Member States..."

Full pressor here.

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