European Union countries on Wednesday agreed to take a joint position in forthcoming negotiations with EU lawmakers and the European Commission on planned privacy rules governing Facebook’s WhatsApp and Microsoft’s Skype, ending a three-year impasse.
The European Commission proposed its ePrivacy Regulation in 2017, which would subject WhatsApp and Skype to the same rules as telecoms providers and restrict the tracking of users in order to provide personalised ads.
The proposal, which aims to create a level playing field between internet players and telecoms providers, needs input from the European Parliament and EU countries before it can be adopted as law for the 27-country bloc.
EU countries take joint stance ahead of negotiations over WhatsApp and Skype privacy rules theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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LISBON, Dec 11 (Reuters) - Portugal expects airline TAP will need around 2 billion euros ($2.4 billion) in extra funds with state guarantees to cover its financing needs until 2024 under a restructuring plan.
Flag carrier TAP asked for state aid in April after suspending almost all of its 2,500 weekly flights at the height of the coronavirus crisis, which hit airlines globally.
The overhaul plan, which needs European Commission approval, was submitted on Thursday and envisages TAP would need to cut around 2,000 jobs by 2022 and introduce pay cuts of up to 25%.
It predicts the carrier, which lost 701 million euros in the first nine months of 2020 as the COVID-19 pandemic cut its passenger numbers by 70%, will reach breakeven in 2025.
Heavy job cuts in $4 1 bln rescue plan for Portugal airline roanoke.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from roanoke.com Daily Mail and Mail on Sunday newspapers.
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LISBON (Reuters) - Portugal expects airline TAP will need around 2 billion euros ($2.4 billion) in extra funds with state guarantees to cover its financing needs until 2024 under a restructuring plan.
FILE PHOTO: A TAP Air Portugal plane taxis at Lisbon s airport during the coronavirus disease (COVID-19) outbreak, in Lisbon, Portugal July 17, 2020. REUTERS/Rafael Marchante/File Photo
Flag carrier TAP asked for state aid in April after suspending almost all of its 2,500 weekly flights at the height of the coronavirus crisis, which hit airlines globally.
The overhaul plan, which needs European Commission approval, was submitted on Thursday and envisages TAP would need to cut around 2,000 jobs by 2022 and introduce pay cuts of up to 25%.