DEADLINE SET FOR ROME ON ALITALIA.
According to the spokesperson of Transport Commissioner Jacques Barrot, the European Commission has set 19 May as the deadline by which the Italian authorities must send additional information regarding the loan that they intend to grant to Alitalia. Since the announcement by the Italian government of its intention to grant 300 million to the struggling airline, the Commission has not stopped expressing its doubts regarding the legality of such a transaction. According to the sacrosanct one time last time' principle, the airline cannot receive state aid until 2011. The Italian authorities believe that this loan does not constitute state aid. (ISM)
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|Date:||May 6, 2008|
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