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Cyprus: State aid for Cyprus Airways

Description

On 13 December 2012, Cyprus notified a planned provision of EUR 73 million to rescue the airline Cyprus Airways. Between September and December 2012, the state already disbursed EUR 31.3. million to C...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Dec 2012

Revocation date

13 Apr 2015

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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