Head of competition watchdog: Talks with EC underway over state aid to Oltenia Energy Complex, Tarom

Talks are underway between the Romanian authorities and the European Commission regarding the grant of state aid to the Oltenia Energy Complex - affected by the increase in the price of greenhouse gas emission certificates - and to air company Tarom, president of the Competition Council, Bogdan Chiritoiu, said on Tuesday."Tarom had a reserve of roughly half a billion dollars but in ten years, during which it systematically lost 40-50 million dollars each year, the ...

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