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Court annuls EU approval of German billions for Lufthansa

Por: ABC News Business May 10, 2023

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BRUSSELS -- A top European Union court on Wednesday ruled the EU was wrong to approve a plan for Germany to come to the rescue of Lufthansa with billions of euros in state aid to help the airline deal with the impact of COVID-19 restrictions.In June 2020, Germany notified the EU’s executive branch, the European Commission, of its intention to provide 6 billion euros ($6.6 billion) in aid to Lufthansa. The 27 EU member countries must seek... + full article



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