Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. 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
  • Patriotism begins in school...
    Estonian Prime Minister and Reform Party member Taavi Roivas said at a party board...
  • Politicians serve own interest...
    Most residents believe that the extraordinary elections of the 11th Saeima have no...
  • Lembergs calls for domestic ha...
    In an interview in the Oct. 1 Neatkariga newspaper, Ventspils Mayor Aivars Lemberg...
  • Lithuania PM to seek new busin...
    Lithuanian Prime Minister Algirdas Butkevicius, who is planning a visit to the ...
  • Estonia’s richest people revea...
    Estonia's richest man has been revealed. Businessman Oleg Ossinovski wh...
  • Lithuanian traders should focu...
    Lithuanian traders should focus of developing solid business ties with a Chines...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.