European Court of Justice yesterday upheld a 2005 European Commission ruling that Greece failed properly to recover illegal state aid provided to Olympic Airways and its successor Olympic Airlines (ATWOnline, Oct. 19, 2006). EC VP-Transport Jacques Barrot said that "if swift compliance is not achieved, I would have no choice but to propose to the College to file a new action with the Court of Justice, asking for the imposition of fines and periodic penalty payments." The Court cited examples ...

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