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Europe Daily Bulletin No. 11979

13 March 2018
ECONOMY - FINANCE - BUSINESS / State aid
In-depth investigation opens into Romanian aid measure for restructuring of energy producer
Brussels, 12/03/2018 (Agence Europe)

On Monday 12 March, the European Commission opened an in-depth investigation concerning public aid measures granted by the Romanian state to the energy producer Complexful Energetic Hunedoara (CE Hunedoara), amid concerns that the measures are incompatible with EU rules.

On 21 April 2015, the European Commission gave its approval to a Romanian rescue measure worth €37.7 million in favour of CE Hunedoara, to support the company through financial difficulties. In return, the Romanian...

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