In the row between the UK and EU over how to handle state subsidies after Brexit, both sides insist their proposals are consistent with the political declaration.
Some EU countries have said they won't help companies based in tax havens – but that doesn't include the EU's own tax havens.
The airline operates almost two in five of the UK's domestic routes.
Problems at Monte dei Paschi and UniCredit are bad enough without bail-in rules to contend with.
Australian companies could fall foul of the same state aid rules being applied to Apple to crack down on tax avoidance.
The EU's ruling is profoundly misguided and could undermine US investment in Europe.