ATHENS – State aid without a say?

Greek airlines Aegean has asked for state aid to help cope with the economic implications of the pandemic, but it doesn’t want any state aid to be tied to the Greek state taking a stake in the company.

Minister of Growth, Adonis Georgiadis, said the problem was not whether the state will enter the company as a shareholder, but to present a comprehensive plan. The leftist Syriza opposition believes that the conservative government plans to grant state aid without part-nationalisation.

Syriza said in other cases, such as Lufthansa, Air France / KLM and Alitalia, the participation of the state in the Board of Directors was considered necessary.

(Sarantis Michalopoulos | EURACTIV.com)

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