The European Commission has opened an investigation into Romania’s 190 million euro support measures in favour of Tarom airline, according to a statement published on Monday.
The Commission said it would look into whether the restructuring package for the state-owned flag carrier was in line with EU rules on state aid to companies in difficulty.
Romania plans to reduce costs and renew Tarom’s ageing fleet by means of a capital injection, a direct subsidy and a debt write-off, the Commission said, adding the carrier had been experiencing financial difficulties for years.
Omega's Constellation watch has been flashed in campaigns, movies and at the Met Gala by stars like George Clooney and Nicole Kidman, turning it into a symbol of luxury and glamour.
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Morning Briefing
Second Malta-Sicily Interconnector Moves Closer After Seabed Clearance Works
A major milestone has been reached in the development of the second Malta-Sicily Inter...
Morning Briefing
Second Malta-Sicily Interconnector Moves Closer After Seabed Clearance Works
A major milestone has been reached in the development of the second Malta-Sicily Inter...
Updated 1205
Central Bank Sees Malta Growth Holding Firm Despite Middle East Risks: The Central Bank forecasts Malta’s economy will grow by 3.7% in 2026, 3.6% in 2027 and 3.8% in 2028...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
The European Parliament has approved a major new initiative aimed at reducing workplace accidents and strengthening worker protection across the European Union, as concerns continue to g...
Omega's Constellation watch has been flashed in campaigns, movies and at the Met Gala by stars like George Clooney and Nicole Kidman, turning it into a symbol of luxury and glamour.
...
Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted on Wednesday.
Bezos was speaking about his new AI st...
The European Parliament has approved a major new initiative aimed at reducing workplace accidents and strengthening worker protection across the European Union, as concerns continue to g...
The European Union has approved new rules aimed at tightening the screening of foreign investments in strategic sectors, marking a major shift in Europe’s approach towards economic secur...
GO ENERGI is offering households the opportunity to take advantage of the Government’s current grants to support PV systems and battery storage through a range of solar energy solutions ...
Malta Public Transport announces a number of network adjustments in connection with the introduction of its Summer Schedule, aimed at meeting seasonal passenger demand and improving serv...
U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Te...
The United States launched military strikes against Iran on Tuesday after President Donald Trump said Tehran was responsible for the downing of a U.S. Apache helicopter near the Strait o...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
U.S. President Donald Trump said Russia should make peace with Ukraine after a "very good" meeting with President Volodymyr Zelenskiy on Tuesday, in comments that sparked cautious optim...
Ukraine is accelerating reforms to align its banking and insurance sectors with EU standards by 2028 despite wartime challenges, to buttress investor confidence and deepen economic inte...
