aid

The government announces an aid package of 6,500 million euros

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[ad_1] The Minister of Finance, Paschal Donohoe, has announced a series of additional supports for companies affected by Covid-19, worth approximately € 6.5 billion. Speaking on Saturday after a cabinet meeting, Donohoe announced a waiver of business fees for companies that have been forced to close for three months, beginning March 27. The measure has … Read more

Ryanair to cut up to 3,000 jobs blaming ‘state aid doping’ for other European airlines

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[ad_1] Budget airline Ryanair is drawing up plans to cut as many as 3,000 jobs and close bases in Europe, as the airline addresses the massive downturn in business caused by the coronavirus outbreak. Accusing European governments of unfairly bailing out major competitors, the budget airline announced a restructuring program on Friday that includes plans … Read more