The European Commission has approved, under EU State aid rules, Romania’s plans to grant the Romanian state-owned flag carrier TAROM restructuring aid for up to €95.3 million ($101.8 million). The EU Commission said in a press release that the funding would restore the airline’s long-term viability while minimising competition distortions. “The Romanian restructuring aid approved today will help maintain regional connectivity of Romanian citizens and businesses,” said EU Commission executive vice president of competition policy Margrethe Vestager. “Following our in-depth investigation, we concluded that TAROM’s restructuring plan will ensure that the airline becomes viable in the long term.” Romania had

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