GERMANY TAX BREAKS

BY KEITH NUTHALLTHE EUROPEAN Commission has ruled that tax breaks granted to German nuclear power operators, to help them build up reserves for the eventual decommissioning of their plants and the safe disposal of nuclear waste, do not actually constitute the payment of unfair and illegal state aid.Its decision follows an investigation launched after complaints from a number of regional energy supply companies; they claimed German nuclear power stations were, in effect, being unfairly subsidised by the government in Berlin, infringing EU state aid rules. The ...


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