Global Trade Alert
Global Trade Alert

Latvia: EUR 11.6 million capital injection in airBaltic in response to the COVID-19 pandemic

Announcement

24 May 2022

On 24 May 2022, the European Commission approved a Latvian capital injection measure in favor of airBaltic Corporation AS.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

24 May 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 24 May 2022, the European Commission approved a EUR 11.6 million (approx. USD 14.2 million) capital injection measure by Latvia in airBaltic Corporation, the national flag carrier and the largest a...

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