Global Trade Alert
Global Trade Alert

Germany: Approval of state guaranteed loan to Condor following the COVID-19 outbreak

Announcement

26 Apr 2020

In April 2020, the European Commission approved a state-guaranteed loan to German Condor following the COVID-19 outbreak. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Apr 2020

Revocation date:

26 Jul 2021

Updated: 26 Apr 2020
State loan
<p>On&nbsp;26 April 2020,&nbsp;the EU Commission approved a EUR&nbsp;550 million (approx. USD 595.4 million)&nbsp;state-guaranteed loan to the German charter airline Condor.&...
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