16-May-2013 10:13 AM

European Commission temporarily approves rescue aid for LOT Polish Airlines

European Commission temporarily approved (15-May-2013) PLN400 million (EUR100 million) in rescue aid for LOT Polish Airlines from. The Commission concluded the state aid granted by the Polish Government was in line with EU state aid rules. The Commission approved the measure temporarily until it can make a decision on the airline's restructuring plan to be submitted by Poland by 20-Jun-2013. [more - original PR]