THE GERMAN GOVERNMENT IS PLANNING TO RESCUE LUFTHANSA

Chancellor Angela Merkel led German government is planning to rescue the leading European airline Lufthansa by purchasing a stake of 25 percent as part of the bailout worth $9.7 billion.
This news was confirmed by Lufthansa on Thursday, as it said the company is in negotiations over a “stabilization package” that is expected from Germany’s Federal Economic Stabilization Fund, which is being utilized to aid those compan....