The General Court upholds the Commission’s decision approving rescue aid of €36 660 000 granted by Romania to the airline TAROM* That aid is compatible with the internal market as it aims to prevent the social hardship that disruption of TAROM’s services might cause for the connectivity of regions in Romania On 19 February 2020, Romania notified to the European Commission a project to grant rescue aid to TAROM, a Romanian airline mainly active in the domestic and international transport of passengers, cargo and mail. The notified measure consisted of a loan to finance TAROM’s liquidity needs in the amount of approximately €36 660 000, repayable at the end of a six-month period with an option to repay part of the loan early. Without initiating the formal investigation procedure provided
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The EU General Court upholds the Commission’s decision to approve a rescue aid of €36,660,000 granted by Romania to a passenger and cargo airline (TAROM)
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