Maximus
Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Government decided to lend Estonian Air 8.3 million euros

Dec 13, 2012

TALLINN - At its meeting on Thursday, the Estonian government decided to issue a loan of 8.3 million euros to Estonian Air, in order to guarantee flight connections to destinations that are important for Estonia, writes the National Broadcasting.

It was also decided that by January 1, 2013 at the latest, the Ministry of Economic Affairs and Communications will have to present a State aid request to the European Commission, in order to provide assistance to the airline.

By February 28 next year, the ministry will have to present to the government an action plan and a schedule for restructuring Estonian Air.

The funds to lend the aviation enterprise will be taken from the reserve fund for property reform.

 MORE NEWS
  • Russian planes encroach upon L...
    Canada is deploying six CF-18 fighter jets to Eastern Europe as part of NATO's...
  • NATO ships on the way to Balti...
    NATO is sending part of its naval rapid reaction force to the Baltic Sea as part o...
  • Mid-life crisis ahead for Lith...
    Very soon Lithuania will be commemorating the 20th anniversary of its accession to...
  • Eggs unfit for Easter hunt...
    Ahead of the Easter holiday, the Latvian Food and Veterinary Service (FVS), in ...
  • Only two presidential candidat...
    In debates on Thursday, only two out of seven presidential candidates expressed...
  • Russia is simply lying, says M...
    "Crimea's annexation and now the destabilization of eastern Ukraine is...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.