The European Commission has found that financing granted to Hungarian airliner Malév between 2007 and 2010 constitutes illegal state aid. It was stipulated that Malév, in the context of its privatisation and renationalisation, would not have been able to obtain similar financing from the market and Hungary should now recover the unlawful aid from the beneficiary.
Under the EU State aid rules, unless the interventions by public authorities are made under the so called "m...
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