Commission approves EUR 578 ml Romanian state aid scheme to support energy-intensive companies

  The European Commission approved on Thursday under EU state aid rules a EUR 578 million (RON 2.9 billion) Romanian scheme to lower an electricity levy rate for energy-intensive companies, the Community Executive said in a release.The scheme is aimed at mitigating the risk that, due to this levy, energy-intensive companies may relocate their activities to locations outside the EU with less ambitious climate policies.In 2011, Romania introduced ...

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