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Radio Gdansk News in English: EU OKs aid to Polish state airline LOT hit by pandemic


12:10
Radio Gdansk News in English: EU OKs aid to Polish state airline LOT hit by pandemic
The European Union’s executive has cleared EUR 650 million worth of Polish state aid to the national air carrier LOT, which has been battered by the coronavirus pandemic.
The EU executive said that the aid measures consisted of a EUR 400 million subsidized loan and a capital injection of around EUR 250 million.
The measures were approved under temporary state aid rules that the European Commission originally adopted in March and then amended several times over the course of the year. The aid measures aim to restore LOT s equity and liquidity position in order to ensure continued air transport services, the European Commission also said. ....

United States , European Union , European Commission , Radio Gda , ஒன்றுபட்டது மாநிலங்களில் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய தரகு , வானொலி க்ட ,