25-05-2020 14:39 via uk.finance.yahoo.com

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany threw Lufthansaa 9 billion euro (8 billion pounds) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.Lufthansa has been locked in talks with Berlin for weeks over aid it needs to survive an expected protracted travel slump, with the airline wrangling over how much control to yield in return for financial support.Germany's central government has spent decades offloading stakes in companies, but remains a large shareholder in for
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