Romania's 190 mln euro restructuring aid for Tarom airline under EU scrutiny

The European Commission has opened an investigation into Romania's 190 million euro support measures in favour of Tarom airline, according to a statement published on Monday.

The Commission said it would look into whether the restructuring package for the state-owned flag carrier was in line with EU rules on state aid to companies in difficulty.

Romania plans to reduce costs and renew Tarom's ageing fleet by means of a capital injection, a direct subsidy and a debt write-off, the Commission said, adding the carrier had been experiencing financial difficulties for years.