May 6, 2020 / 1:11 PM / 25 days ago

German conservatives against taking Lufthansa stake - report

BERLIN, May 6 (Reuters) - The parliamentary party of German Chancellor Angela Merkel’s Christian Democrats and their sister Christian Social Union are against a plan for the state to take a 25% stake in Lufthansa, the Handelsblatt newspaper reported on Wednesday.

The newspaper cited unnamed parliamentary sources as saying the leadership of the party had taken that position at a meeting on Monday, with leading members of the party instead favouring a state bailout without influence on running the airline. (Reporting by Emma Thomasson; editing by Thomas Seythal)

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