GREECE PIPELINE STATE AID APPROVED AS LNG COMES TO CROATIA

TAX breaks from the Greek government that will benefit the Trans Adriatic Pipeline (TAP) joint venture building a fixed gas link from Greece, through Albania to Italy have been approved by the European Commission. It had to decide whether the support complied with European Union (EU) state aid rules, designed to limit national government subsidies to companies in the EU’s border free single market. And while the Commission decided that TAP would get special tax treatment compared to other energy operators, it said this was justified because of the importance of ...


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