Commission approves public support for Vaasa regional airport in Finland

Published: 13 January 2010 y., Wednesday

Lėktuvas
The European Commission decided today not to raise any objections to Finland's plan to support infrastructure investments in Vaasa regional airport. The total amount of public financing will amount up to three million euros.

Ostrobothnia region and surrounding territories currently lack specialised facilities for air cargo handling, which puts companies there at a disadvantage. Public support to investments in air cargo infrastructure in Vaasa will improve the region's transport links by making more intensive and efficient use of the existing airport.

The Commission concluded that the public financing of infrastructure investments at Vaasa airport is compatible with European Union legislation as it does not prejudice the common interest and the criteria set out in the applicable Community framework 1 are complied with.

The Commission's decision is in line with the 2007 Action Plan for airport capacity 2 , which emphasises the importance of regional airports to the development of an integrated European air transport network.

Šaltinis: europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Bank DnB NORD increases its holdings in Lithuania

Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders. more »

AB Bank SNORAS will grant LTL 35 million for financing small and medium businesses

AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions. more »

Obama rejects GM, Chrysler plans

Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt. more »

Beer still recession proof?

Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA. more »

Watchmakers want better times

Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard. more »

GM CEO resigns

The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout. more »

Creativity key to a healthy economy

With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis. more »

Markets rebound on better data

Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally. more »

Five countries exceeding EU deficit limits

With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU. more »

China calls for new global currency

China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis. more »