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Malev could go bankrupt - deputy CEO

31-May-2010 12:29 PM

Malev deputy CEO, Anatoliy Deloveri, stated its creditor, Russian state-owned Vnesheconombank, may be willing to negotiate a limited bankruptcy of the carrier if an acceptable financing solution could be devised (MTI-ECONEWS, 28-May-2010). Vnesheconombank could lose up to EUR110 million if the carrier fails.