Global Trade Alert
Global Trade Alert

Germany: Recapitalisation of travel and tourism company TUI AG (COVID-19)

Announcement

04 Jan 2021

On 4 January 2021, the European Commission approved Germany's contribution to the recapitalisation of TUI AG in the context of the COVID-19 pandemic. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Jan 2021

Revocation date:

No revocation date

Updated: 04 Jan 2021
Capital injection and equity stakes (including bailouts) In force

On 4 January 2021, the European Commission approved Germany's plans to contribute up to EUR 1.25 billion (approx. USD 1.53 billion) to the recapitalisation of TUI AG. Under the current State A...

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