The European Court of Justice (ECJ) has fined Greece EUR two million for failing to comply with an earlier judgement requiring it to recover the EUR 850 million in illegal State aid granted to Olympic Airways. In addition, the ECJ has imposed daily default fines of EUR 16,000 until Greece complies.
In 2005, Greece was ordered by the ECJ to recover the aid "without delay". The Commission noted some time later that approximately EUR 100 million was still outstanding. The Commission brought a new action against the Greek Government before the ECJ for not fulfilling its obligations under the EC Treaty. Greece claimed that national law obstacles prevented it from efficiently recovering the aid.