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Reuters kom tidligere i dag med denne meldingen. Det ser ikke bra ut for Grekerne....
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The European Union is set to give a green light for the closure of Greek carrier Olympic Airlines and will fine it EUR800 million euros (USD$1.12 billion) for illegal state aid, daily Imerisia reported on Tuesday.
The EU Commission will meet this week to approve a Greek government plan to shut down the ailing airline and transfer its assets to a new entity called Pantheon, the newspaper said without citing sources.
The EU will fine Olympic over illegal state aid during 2005-2007, after competitors Ryanair and Aegean claimed the government was continuing to provide assistance in breach of EU state aid rules, it said.
No one at Olympic was available for comment.
According to the plan, the new carrier will eventually take on the Olympic name and hold on to its most valuable landing slots. It will only be about 65 percent of the carrier's current size, and about 8,000 employees will be fired or transferred.
The new carrier's international flights will be drastically cut, with the plan set to be completed by early 2009, the paper reported.
Greece has tried and failed over years to find a buyer for the loss-making carrier. The government has said it may either find a buyer or re-establish the airline as a new entity by the end of 2008.
The commission first ruled in 1996 that Greece was in breach of EU state aid rules and ordered Olympic to pay back hundreds of millions of euros it received in the 1990s.
(Reuters)
Beechdriver
The European Union is set to give a green light for the closure of Greek carrier Olympic Airlines and will fine it EUR800 million euros (USD$1.12 billion) for illegal state aid, daily Imerisia reported on Tuesday.
The EU Commission will meet this week to approve a Greek government plan to shut down the ailing airline and transfer its assets to a new entity called Pantheon, the newspaper said without citing sources.
The EU will fine Olympic over illegal state aid during 2005-2007, after competitors Ryanair and Aegean claimed the government was continuing to provide assistance in breach of EU state aid rules, it said.
No one at Olympic was available for comment.
According to the plan, the new carrier will eventually take on the Olympic name and hold on to its most valuable landing slots. It will only be about 65 percent of the carrier's current size, and about 8,000 employees will be fired or transferred.
The new carrier's international flights will be drastically cut, with the plan set to be completed by early 2009, the paper reported.
Greece has tried and failed over years to find a buyer for the loss-making carrier. The government has said it may either find a buyer or re-establish the airline as a new entity by the end of 2008.
The commission first ruled in 1996 that Greece was in breach of EU state aid rules and ordered Olympic to pay back hundreds of millions of euros it received in the 1990s.
(Reuters)
