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COVID-19: European Commission authorises EUR 19.3 million Romanian state-guaranteed loan to Tarom

20/10/2020

On 5 October 2020, the European Commission authorised a public loan guaranteed by the Romanian State for an amount of EUR 19.3 million in favour of the airline Tarom. The national containment measures adopted to curb the spread of COVID-19 have grounded airlines, making this sector one of the most affected by the current crisis.

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Authors

Portrait ofMarguerite Soete
Marguerite Soete
Associate
Brussels
Portrait ofAnnabelle Lepièce
Annabelle Lepièce
Partner
Brussels