Alitalia assistance gets green light

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 Alitalia was cleared by the European Commission on 7 June of receiving illegal funding from the Italian government. Brussels launched an in-depth investigation of a €1.2 billion ($1.5 billion) loan made by the Rome administration last January. The EC found that “the recapitalisations of Alitalia and its services subsidiary do not involve any state aid provided that the conditions laid down to ensure that the state behaves like a prudent investor are strictly complied with”.