WTO finds Airbus still receives some EU subsidies – sources

PARIS/BRUSSELS (Reuters) – The World Trade Organization has found that the European Union has failed to withdraw all subsidies to planemaker Airbus , three people familiar with the matter said. A new compliance report expected to be published as soon as Monday has found that the Airbus A350 jetliner continues to be subsidized as a result of earlier government loans, they said. Neither the WTO nor the parties in the 15-year-old trade case, which involves mutual claims of billions of dollars of subsidies to both planemakers, had any immediate comment. …read more

Source:: Yahoo Finance

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