German state to bail out Lufthansa - getting 20% of airline and 2 seats on Board
coronavirus
30 May 2020
/ 19:52
The European Commission ruled Lufthansa must give up 24 take-off and landing slots to rival airlines, as a price of the bailout.
- Director of the Venice Film Festival, Alberto Barbera, said COVID-19 would make the 2020 festival "unique" but that the September event would go ahead as a "sign of hope" to the ailing film industry. Previous film festivals, such as the French blue-riband Cannes event, were cancelled.
- German chancellor Angela Merkel will not be accepting U.S. president Trump's invitation to an 'in-person' G7 meeting in June according to her spokesperson. It is anticipated the meeting will be held via a video conference, but Trump has tabled the idea of hosting it at the White House.
- Scientific advisers to the UK government protest the decision to ease lockdown measures until the track and trace project, launched this week, is "fully working." Sir Jeremy Farrar, director of the Wellcome Trust, a research charity, said COVID-19 is "spreading too fast to lift lockdown in England.”
- Berlin and Brussels have agreed on the size and state of Germany's bailout of Lufthansa Group. In return for $10 billion, the German state will take a 20 percent slice of the airline - making it the biggest single shareholder, and granting it two seats on the board.
- Vulnerable people in the UK have been told they are no longer high risk and can stop shielding from the coronavirus by isolating themselves. However, doctors have said they were unaware of patients being removed from the high risk lists.
- German chancellor Angela Merkel will not be accepting U.S. president Trump's invitation to an 'in-person' G7 meeting in June according to her spokesperson. It is anticipated the meeting will be held via a video conference, but Trump has tabled the idea of hosting it at the White House.
- Scientific advisers to the UK government protest the decision to ease lockdown measures until the track and trace project, launched this week, is "fully working." Sir Jeremy Farrar, director of the Wellcome Trust, a research charity, said COVID-19 is "spreading too fast to lift lockdown in England.”
- Berlin and Brussels have agreed on the size and state of Germany's bailout of Lufthansa Group. In return for $10 billion, the German state will take a 20 percent slice of the airline - making it the biggest single shareholder, and granting it two seats on the board.
- Vulnerable people in the UK have been told they are no longer high risk and can stop shielding from the coronavirus by isolating themselves. However, doctors have said they were unaware of patients being removed from the high risk lists.
