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European Commission warns Malta against further rescue finance for struggling national airline

By Jack Barton

12 December 2016

European Commission warns Malta against further rescue finance for struggling national airline An Air Malta Plane iStock.com/GordZam

The European Commission has ruled out the possibility of allowing the government of Malta to use state funds to clear up to €66 million from the balance sheet of Air Malta, the national airline that completed a restructuring in 2012 with the help of €130 million of state aid.