THIRD COUNTRY SUBSIDIES
April 1st, 2004
Keith Nuthall
THE EUROPEAN Commission has been given powers to impose duties on non-European Union (EU) air carriers it deems are benefiting from state subsidies. These tariffs will be no higher than necessary to remedy damage caused by these handouts to EU airlines, which could be direct or indirect, cutting the costs of non-EU competitors.
THE EUROPEAN Commission has been given powers to impose duties on non-European Union (EU) air carriers it deems are benefiting from state subsidies. These tariffs will be no higher than necessary to remedy damage caused by these handouts to EU airlines, which could be direct or indirect, cutting the costs of non-EU competitors.
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