The European Commission on April 23 opened an investigation into whether Italy's €900 million bridge loan to national flag carrier Alitalia was legal under EU regulations.
The Commission received a number of complaints in 2017 alleging that the loan was, in fact, aid that the Italian government extended to Alitalia and did not comply with EU regulations.
Aid granted by a Member State keeps companies in financial distress afloat, but also has the potential to distort competition in the EU Singl...
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