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Tarom airline faces in-depth EU probe over Romanian rescue aid

( July 5, 2021, 09:45 GMT | Official Statement) -- MLex Summary: The European Commission said today it has opened an in-depth investigation into Romanian state-owned flag carrier Tarom, to shed light on whether a restructuring plan in favor of the airline — which has been in financial difficulty for years — is in line with the bloc's state aid rules to businesses in difficulty. Romania plans to support the restructuring with around 190 million euros in public funding, the commission said.Statement follows. ...

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