On Tuesday 23 May, the European Commission decided that two cases of state aid, in Italy and Germany respectively, consisting of a tax reduction aiming to support co-generation, were compatible with EU state aid rules.
Germany and Italy planned to reduce tax by a maximum of 85% with the aim of supporting co-generation (Germany and Italy) and renewable energies (Italy) for energy-intensive companies faced with international competition.
Under the 2014 guidelines on state aid in favour of...