Greece failed to comply with a European Commission ruling that government aid to Olympic Airlines was illegal and should be recovered, a European Union court ruled today.
"By not taking within the prescribed period all measures necessary to put an end to aid declared unlawful and incompatible with the common market, and to recover it from the recipients, Greece has failed to fulfil its obligations," the Court of First Instance said.
In December 2007, the commission opened an investigation into whether the Greek carrier received illegal state aid.