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European Commission approves 19.3-million-euro loan for state-owned airline Tarom

In a press statement released on this Monday, the European Commission announced having approved a loan guarantee of up to around 19.3 million euros (approximately 94 million lei) in favour of the Romanian state-owned airline TAROM.The measure aims to compensate the airline for the losses directly caused by the coronavirus outbreak and the travel restrictions introduced by Romania and other destination countries to limit the spread of the coronavirus March 16, ...

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