April 25, 2008
Italy's outgoing government said on Thursday it would provide information within 10 working days to the European Commission over an emergency loan for ailing airline Alitalia, denounced by European rivals as state aid.
Italy plans to give Alitalia a EUR300 million (USD$473 million) loan to keep it flying until a new buyer is found after Air France-KLM pulled out of a takeover deal this week.
(Reuters)