The city's public transport system has many strict rules and regulations in place to ensure that everyone can have a safe and enjoyable journey
‘Public services are a vital part of the European economy, and the Commission recognises their importance,’ EU Competition Commissioner Neelie Kroes said in a statement.
‘Aid can therefore be approved where the amount is strictly limited to what is necessary to cover the costs of public service obligations.’
Government financial assistance to companies is generally banned under EU rules because it tends to distort competition by benefiting less efficient firms over efficient ones. But the EU executive can approve state aid under strict criteria.
The subsidy approved by the Commission comes on top of 150 million pounds the government was authorised last year to give to the Post Office over two years to cover the specific costs of operating loss-making outlets in the countryside.
In a separate move, the Commission launched an investigation two weeks ago into whether certain funding arrangements for the Royal Mail worth more than 2.5 billion pounds broke EU competition rules.
If Brussels finds that Britain gave any financial aid illegally, it can order the government to reclaim the cash.
The Royal Mail group employs almost 200,000 people and made a 395 million pound profit after tax in the 2005-2006 fiscal year on a turnover of 9.1 billion pounds.
The city's public transport system has many strict rules and regulations in place to ensure that everyone can have a safe and enjoyable journey
Palestinian Ambassador to UNESCO Monir Anastas said the 'inscription is a message of hope to our people in Gaza, who are fleeing bombs with no shelter, no food or water'
The said delays are expected between the intersection of Hatta Road and Al Ain Road towards Abu Dhabi
Veerendra Kumar said he was cheated by a job agent who had promised him a job in Qatar but sent him to Saudi
The government authority announced the road closure on social media platform X
Around 800,000 passengers are expected to be affected over the weekend as the damage is heavy and labour-intensive to repair
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas