POLAND INQUIRY
February 1st, 2004
BY KEITH NUTHALL
THE EUROPEAN Commission has launched its first stranded costs inquiry into the energy sector of an eastern European country joining the European Union (EU) in May. Brussels thinks subsidies paid to Polish power operators by Poland's government, compensating for the cancellation of long-term supply agreements with the Polish Power Grid Company, could break EU state aid rules.
THE EUROPEAN Commission has launched its first stranded costs inquiry into the energy sector of an eastern European country joining the European Union (EU) in May. Brussels thinks subsidies paid to Polish power operators by Poland's government, compensating for the cancellation of long-term supply agreements with the Polish Power Grid Company, could break EU state aid rules.
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