It’s not a complete failure, but the road to the joint acquisition of airline Ita by Germany’s Lufthansa and the Italian state is certainly an uphill one. If the operation is given the green light, it could lead to painful cuts to routes between Italy and Central Europe and the sale of some slots at […]
Tag: eu commission
Ita Airways: Only Brussels approval is now missing for the deal with Lufthansa
We were one step away from celebrating the long-awaited wedding. The concentration operation, which involved the entry of Lufthansa’s Ita Airways into the capital, was officially reported to the European Commission’s Directorate-General for Competition this afternoon. In this context, the German airline will purchase 41% of Ita’s shares for 325 million euros within the scope […]
The main purpose of Macron and Von der Leyen’s trip to Beijing
EU Commission President Ursula von der Leyen, a little shy of her jacket and included on a state visit to which she was not invited, went to China with French President Emmanuel Macron, who was initially the only person expected to be at the president’s palace, Chinese Xi Jinping. A delicate three-day diplomatic dance begins […]
Corruption involved magnates close to Zelensky: stop holidays and forced resignations
A deputy minister was arrested, four were dismissed, five regional governors and at least four senior officials were dismissed. The “cleansing” of President Volodymyr Zelensky may be just the beginning: the Ukrainian leader has announced that his administration has been reorganized into various levels of responsibility, following a string of corruption allegations. It also banned […]
EU approves Italian plan of 23 billion aid to companies
The European Commission has approved amendments to an Italian loan guarantee facility that includes a budget increase of up to €23 billion to support companies in the context of Russia’s war against Ukraine. Between the approved increase and the original measure, authorized by the Commission on July 19, the overall budget of the plan will […]