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An EU court on Wednesday overturned the European Commission’s approval of millions of euros in bailout money for the German airline Condor. “The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure,” a press release from the European Union’s General Court said. Germany got a green light from the commission in 2021 to give Condor €321 million ($345 million) for restructuring after parent company Thomas Cook went bankrupt. EU state aid rules require such bailouts to be approved by the commission. But rival budget airline Ryanair o…

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