Aid

    • Lufthansa agrees €9bn bailout with German government

      Lufthansa agrees €9bn bailout with German government

      The German government and Lufthansa have agreed on a much-anticipated bailout deal to help the airline cope with losses from the coronavirus pandemic, Germany’s flagship carrier announced on Monday. The €9bn ($9.80bn) stabilisation package has been already approved by Lufthansa's Executive Board, though the bailout still need consent from shareholders as well as the European Commission.

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    • From Russia with love, or what is hidden behind Kremlin’s aid

      From Russia with love, or what is hidden behind Kremlin’s aid

      In times of crisis every helping hand is welcome. But at the same time there is a proverb based on a verse in Virgil’s Aeneid and reflecting the fall of Troy - Beware of Danaos bearing gifts. The gift then was a giant horse full of soldiers who opened the Troy’s gates to the Greek army nd caused the demolition of a magnificent town. The gift today could be a bunch of spies among a team of doctors sent to a coronavirus epicentre, or selling much needed medical equipment which earlier was received as a donation.

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