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EC Statement: Air transport - Commission requests Court of Justice to oblige Greece to comply with 2002 Commission decision on illegal subsidies granted before 2002 to Olympic Airways

( October 18, 2006, 13:29 GMT | Official Statement) -- The Commission has today adopted a decision requesting the European Court of Justice to impose a lump sum penalty and a periodic penalty on Greece for its failure to implement its 2002 decision in relation to the recovery of a State aid estimated at least €160 million granted by Greece to Olympic Airways between 1998 and 2002. The failure of Greece to comply with this decision had already been confirmed by the judgement of the Court of 12 May 2005.In December 2002 the Commission found that Greece had granted illegal restructuring aid to Olympic Airways between 1998 and 2002 and ordered its recovery. On 12 May 2005 the EU Court of Justice confirmed that the Greek authorities had failed to recover from the airline a State aid estimated at least €161 million. This concerns € 41 million of illegal restructuring aid and another estimated €120 million of operational aid, i.e. non-payment of various sums the company owes to the Greek state such as VAT on fuel and airport charges....

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