GREECE – LIGNITE
March 1st, 2004
BY KEITH NUTHALL
THE EUROPEAN Commission has given Greece two months to say how it will scrap the exclusive rights enjoyed by its state-owned Public Power Corporation (PCC) for the mining of lignite in the country, which accounts for more than 60 per cent of its electricity. Brussels says this is a clear breach of European Union (EU) competition rules and is threatening European Court of Justice action.
THE EUROPEAN Commission has given Greece two months to say how it will scrap the exclusive rights enjoyed by its state-owned Public Power Corporation (PCC) for the mining of lignite in the country, which accounts for more than 60 per cent of its electricity. Brussels says this is a clear breach of European Union (EU) competition rules and is threatening European Court of Justice action.
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