BRUSSELS, June 6 The European Commission will
tell Italy on Wednesday that an Italian decree for a 300 million
euro ($468.2 million) loan to help Alitalia AZPIa.MI avoid
bankruptcy was illegal, a European Commission source said on
The Italian government has allowed Alitalia to count the
loan as capital on its books and issued new rules on the
airline's sale, both of which are part of a new decree that came
into effect earlier this week.
The decree must still be approved by both houses of
parliament before it can become law.
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