Vestager Hails KLM’s ‘Very Good’ €3.4bn Bailout

Vestager Hails KLM’s ‘Very Good’ €3.4bn Bailout

Eurasia Review

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By Sam Morgan

The European Commission has approved the Dutch government’s €3.4 billion support package for national airline KLM, despite criticism levelled at conditions linked to pay cuts.

Virus quarantines put a significant dent in KLM’s revenues for the first half of 2020, prompting the Dutch government to step in...

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