Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Germany on Monday approved a 9 billion-euro aid package for airline Lufthansa as it struggled under coronavirus travel restrictions.
The government's stake is below the level needed to block major decisions, but it has the option to raise it to a blocking stake of 25% plus one share in case of an attempted takeover of the company.FRANKFURT, Germany — Germany on Monday approved a 9 billion-euro aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic.
Altmaier said the government was in talks with the European Commission over its approval for the deal but declined to say what was at issue.
DoctoraGenna pero estos rescates se devuelven o no?
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Lufthansa clinches $10 billion bailout from German governmentLufthansa and Germany have finalized the terms of a €9 billion ($9.8 billion) bailout, following weeks of intense negotiations over the future of Europe's leading global airline. The rescue package will give the government a 20% stake in the group. Original Memorial Day 2020 Poem JB 🇺🇸🙏 Aaaaaand goodbye Lufthansa. The United States if given to infected people, antibiotics and aspirin, The deaths will be zero .. But the United States should only give me a million dollars.
Source: CNN - 🏆 4. / 95 Read more »
Lufthansa secures €9 billion ‘stabilization package’ from German governmentGerman airline said it has received approval for a multibillion-dollar “stabilization package” from a government support fund to keep the company going through the turbulence from the coronavirus outbreak, but cautions the deal has not been approved by the European Union’s executive commission. Here we are again. Rewarding failure and bad management. Got to love these policies. This mentality has passed all the way down to school levels. You now get a medal for coming last. What a time to be alive I believe it will make much of an impact if media call it like it is, specially if they switch world government to citizens....Wishful thinking perhaps...
Source: MarketWatch - 🏆 3. / 97 Read more »
Germany stamps authority on Lufthansa with $9.8 billion lifelineGermany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. aka state aid bail out - capital markets are FUBAR thanks to central bank criminality and political elite enablers - where does it all end - the system is BROKEN irreparably The Luftwaffe is safe. Seems fair, why let nature take its course?
Source: Reuters - 🏆 2. / 97 Read more »
German government takes controls at Lufthansa with bailoutThe €9 billion deal to save Lufthansa turns the German government into the single largest shareholder in Europe’s second-largest airline Countries that nationalize major industries win. Capitalism always fails. Это неожиданно It's a nice plane with nice seats.
Source: politico - 🏆 381. / 59 Read more »
Germany announces temporary part-nationalisation for LufthansaGermany throws Lufthansa a $9.8 billion lifeline, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.
Source: trtworld - 🏆 101. / 63 Read more »