Global Trade Alert
Global Trade Alert

Greece: Introduction of EUR 120 million compensation for Aegean Airlines (COVID-19)

Announcement

23 Dec 2020

On 23 December 2020, the European Commission approved a EUR 120 million aid package from Greece to support Aegean Airlines in overcoming the economic consequences of the Covid-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Dec 2020

Revocation date:

No revocation date

Financial grant In force

On 23 December 2020, the European Commission approved a EUR 120 (USD 146) million direct grant measure from Greece. The aid will compensate Greek company Aegean Airlines for damages suffered as a dire...

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