Name: EU court case annuls German bailout of airline Condor
Uploaded: 2024-05-08T09:59:54-04:00
Duration: 5 min
Description: The Condor logo on an airline building at the airport. Boris Roessler/dpa An EU court on Wednesday overturned the European Commission’s approval of millions of euros in bailout money for the German airline Condor. “The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure,” a press release from […]

Tag: annuls

EU court case annuls German bailout of airline Condor

The Condor logo on an airline building at the airport. Boris Roessler/dpa An EU court on Wednesday overturned the European Commission’s approval of millions of euros in bailout money for the German airline Condor. “The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure,” a press release from […]

EU court annuls sanctions on two Russian businessmen

A European Union court on Wednesday annulled EU sanctions on two Russian businessmen, Petr Aven and Mikhail Fridman. The ruling by the European General Court applies to sanctions imposed on the two men between February 2022 and March 2023 for their connection to Russian President Vladimir Putin and the full-scale invasion of Ukraine. EU member […]