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I am surprised by this, aren't Government help forbidden by EU rules? France has gotten into trouble in the past for directly helping its main energy producer[0

I am surprised by this, aren't Government help forbidden by EU rules? France has gotten into trouble in the past for directly helping its main energy producer[0] or its rail service[1]. Or maybe this is just a loan in this case? [0]: https://ec.europa.eu/commission/presscorner/detail/en/IP_15_5424 https://ec.europa.eu/commission/presscorner/detail/en/IP_15_... [1]: https://www.railwaygazette.com/freight/fret-sncf-to-be-wound-up-as-deal-sought-with-european-commission/64233.article https://www.railwaygazette.com/freight/fret-sncf-to-be-wound...

rasz 3y ago
Its forbidden for everyone except Germans. State aid: Commission approves €6 billion German measure to recapitalise Lufthansa https://ec.europa.eu/commission/presscorner/detail/hu/IP_20_1179 https://ec.europa.eu/commission/presscorner/detail/hu/IP_20_... Lufthansa and German government agree on $9.8 billion https://www.cnbc.com/2020/05/25/lufthansa-and-german-government-agree-9point8-billion-rescue-package.html https://www.cnbc.com/2020/05/25/lufthansa-and-german-governm...
- expertentipp 3y ago
  From post-Covid turbulences also AirFrance-KLM with similar amount and soon Finnair with a fraction of it, also Norwegian...
- maxhille 3y ago
  AFAIK Lufthansa got just loans and already paid them back.
ranguna 3y ago
There are ways around it, the government could make the company public. Much like the hell that's going on in Portugal, where the government bought the only national airline company.
fakedang 3y ago
As I have mentioned earlier, the EU is a project to enable new markets for mostly German and French, and some Italian and Dutch companies, at the cost of consumers in Eastern and Southern Europe. Reading the news, it's not a loan, it's a bailout.