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State aid: European Commission approves Dutch plans to provide support to KLM

For EUR 3.4 billion in urgent liquidity

The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM to provide urgent liquidity to the company in the context of the coronavirus outbreak. The measures were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020.The Dutch support measure to K...

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AVIONEWS - World Aeronautical Press Agency