Vestager Defends Tough Stance on Lufthansa Amid Jobs Warning
- Says she isn’t creating new hurdles for German airline
- Unions warn her not to push for measures that would cost jobs
A Deutsche Lufthansa AG passenger aircraft is towed at Frankfurt Airport, on May 28.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Union’s antitrust chief hit back at claims she’s being too tough over Deutsche Lufthansa AG’s German bailout, insisting strict conditions are vital to preserve competition when the Covid-19 pandemic abates.
Rejecting criticisms from Lufthansa’s supervisory board over the proposed 9 billion-euro ($10 billion) rescue of Europe’s largest airline, Margrethe Vestager said Friday she isn’t “creating extra hurdles” by requiring cutbacks when the state takes a stake in companies.