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Europe Daily Bulletin No. 11675

25 November 2016
Contents Publication in full By article 24 / 31
ECONOMY - FINANCE - BUSINESS / State aid
Green light to Romanian aid to closure of uncompetitive coal mines
Brussels, 24/11/2016 (Agence Europe)

On Thursday 24 November, the European Commission announced that it has authorised Romanian plans to grant aid in the region of €99 million to ensure the orderly closure of two uncompetitive coal mines by 2018. The decision to close public coal mines is a matter for member states, but EU rules (in particular a decision of the Council) allow them to grant support for the closure of uncompetitive mines in order to offset the social and environmental consequences. Financial support of around...

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