Austrian Minister of Finance Josef Proell said this week that "the situation facing Austrian Airlines Group is too serious to delay a decision from the EU regarding the takeover by Lufthansa," Der Standard reported as speculation increased that the EU may postpone its ruling. Proell was speaking in response to reports that the EU may not make a decision by Lufthansa's July 1 deadline and may spend up to an additional 90 days investigating the merger and the €500 million ($702.3 ...

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