Govt. approves another EUR 1 bln state aid for CE Oltenia

Government signed the memorandum for the restructuring of state-owned coal and power group CE Oltenia (CEO) under a five-year program that involves some EUR 2 billion of aid from both state and the European Union's decarbonization program. The memorandum involves EUR 1.33 bln of state aid, out of which more than EUR 250 mln was already extended as a rescue loan that the company could not ...

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