Govt Ties Bailout for Adria Airways to Agreement of Creditors

Ljubljana, 1 September - Development and EU Affairs Minister Mitja Gaspari said on Thursday that the state would provide EUR 50m bailout to the struggling flag carrier Adria Airways only if banks agree to convert their claims to the company into ownership stakes, as envisaged in the restructuring plan.

Ljubljana Development and EU Affairs Minister Mitja Gaspari speaking to the press after the government session. Photo: Daniel Novakovic/STA

Ljubljana
Development and EU Affairs Minister Mitja Gaspari speaking to the press after the government session.
Photo: Daniel Novakovic/STA

Ljubljana Development and EU Affairs Minister Mitja Gaspari speaking to the press after the government session. Photo: Daniel Novakovic/STA

Ljubljana
Development and EU Affairs Minister Mitja Gaspari speaking to the press after the government session.
Photo: Daniel Novakovic/STA

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