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Cyprus Airways
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11th Jan 2015, 03:59
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mikedreamer787
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Cyprus Airways kaput
Just read in the paper that Cyprus has decided to close shop after the EU ordered 65m Euros in 'illegal' State Aid to be paid back by the airline.
Cyprus Airways closed down after EU ruling - RTÉ News
Cyprus Airways shuts down after order to repay state aid leaves it bankrupt - Business News - Business - The Independent
BBC News - Cyprus Airways shuts down after order to repay state aid
So who ultimately wrecked the airline? The EU? The Cypriot government? Or both?
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