Olaf Scholz
Older than 7 days

German Finance Minister: It's our duty to help Lufthansa

Lufthansa Airbus A350-900
Lufthansa Airbus A350-900, © Lufthansa

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BERLIN - German Finance Minister Olaf Scholz said he thought consensus could be achieved on Lufthansa as a showdown between its biggest shareholder and the German government looms over the terms of a 9 billion euro bailout.

"We have had a very good discussion and we developed a very good proposal together with the Lufthansa management and the council and we also agreed with the European Union so I think discussing about the proposal, which is what we do - just making clear what it is about - could organise the consensus," Scholz said via videolink at the Frankfurt Finance Summit.

"Because it's really a very well-thought idea about how to deal with the very special situation. I think Lufthansa has been a very successful company before the crisis so it's our duty to make feasible that they will survive the situation of the Covid-19 pandemic," he added, speaking English.
© Reuters, aero.uk | 22/06/2020 12:26

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