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Commission approves €462 million Portuguese support to compensate TAP for damage suffered due to coronavirus outbreak

The European Commission has found a €462 million Portuguese support measure in favour of Transportes Aéreos Portugueses, S.A. (“TAP”) to be in line with EU State aid rules. The measure aims at compensating the airline for the damage suffered due to the coronavirus outbreak between 19 March and 30 June 2020.

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State aid

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date:  23/04/2021