EUROPEAN COMMISSION APPROVED PUBLIC ASSISTANCE FOR GERMAN REGIONAL AIRPORTS
February 1st, 2017
THE EUROPEAN Commission has approved EUR35 million’s worth of regional investment aid to modernise Germany’s Saarbrücken Airport, whilst covering some operational expenses until 2019. Using its competition authority powers, Commission said the subsidies did not break European Union (EU) state aid rules because the investment would boost the local economy and Saarlanders’ mobility without unduly distorting competition.
Meanwhile, the Commission has cleared the repurchase of a majority share in Lübeck Blankensee Airport by the City of Lübeck from New ...
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