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netherlands transport

EU commission approved €1.5 bln Dutch scheme to compensate transport companies for COVID-19 damages

2 mins read

The FINANCIAL — The European Commission has approved, under EU State aid rules, a Dutch scheme of around €1.5 billion to compensate companies providing regional and long-distance public passenger transport services in the Netherlands for the damage suffered due to the coronavirus outbreak and the emergency containment measures introduced in the Netherlands to limit the spread of the virus. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Continuing to provide transport services to citizens is essential during the coronavirus outbreak. This €1.5 billion scheme enables the Netherlands to compensate regional and long-distance public transport providers for the damage suffered…

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EU commission approved €1.5 bln Dutch scheme to compensate transport companies for COVID-19 damages

2 mins read

The FINANCIAL — The European Commission has approved, under EU State aid rules, a Dutch scheme of around €1.5 billion to compensate companies providing regional and long-distance public passenger transport services in the Netherlands for the damage suffered due to the coronavirus outbreak and the emergency containment measures introduced in the Netherlands to limit the…