EU Commission Orders Germany To Recover Between €13 Million And €14 Million + Interest From Ryanair; Orders Germany To Recover €1.25 Million + Interest From Hahn Airport; Rules German Measures In Favor Of Ryanair, Hahn Airport Are Incompatible With State Aid Rules
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The EU Commission has ordered Germany to recover between €13 million and €14 million plus interest from Ryanair and €1.25 million plus interest from Hahn Airport. The measures in favor of Ryanair and Hahn Airport were deemed incompatible with state aid rules.
September 09, 2024 | 3:47 pm
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Ryanair is required to repay between €13 million and €14 million plus interest to Germany as the EU Commission found the state aid measures incompatible with EU rules.
The EU Commission's decision requires Ryanair to repay a significant amount, which could impact its financials and investor sentiment negatively in the short term.
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