EU MINISTERS STRIKE DEAL OVER ENERGY UNBUNDLING
October 1st, 2008
BY KEITH NUTHALL
A DEAL has been struck at the European Union (EU) Council of Ministers over unbundling major energy players. The agreement has been anointed by the European Commission: its president José Manuel Barroso enthused: "It is a crucial step towards the completion of the single market."
The deal is a compromise between the two main camps within the council on unbundling. On one side, France, Germany and others have secured the right for their major energy firms to retain ownership of transmission networks, if subject to controls guaranteeing ...
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