EUROPEAN COMMISSION ITALY STATE AID SARDINIA THREAT ELECTRICITY PRICE CUT

BY KEITH NUTHALL THE EUROPEAN Commission is sending a clear signal to national governments that it is not prepared to allow them to use electricity bill subsidies as a means of supporting specific industrial power consumers. It has launched a detailed probe into such payments currently planned by the Italian government to non-ferrous and chemical producers in Sardinia, because of fears these break European Union (EU) state aid rules. Under this plan, the Cassa Conguaglio del Mercato Elettrico public fund will pay Sardinian laminated aluminium, alumina, ...


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