Struggling Romanian airline Tarom seeks bailout of 190 million euros

Romanian state-owned air carrier Tarom which is on the brink of bankruptcy is asking for state aid worth about 190 million euros. The government discussed the request at its Thursday Cabinet meeting. The grant would finance half of the five-year restructuring program, with the rest of the financing being coming from the company’s  own sources. … Continuă lectura Struggling Romanian airline Tarom seeks bailout of 190 million euros