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Europe Daily Bulletin No. 12017

9 May 2018
Contents Publication in full By article 18 / 29
ECONOMY - FINANCE - BUSINESS / State aid
In-depth investigation into Romanian restructuring aid to national uranium company
Brussels, 08/05/2018 (Agence Europe)

On Tuesday 8 May, the European Commission opened an in-depth investigation to determine whether Romanian public aid awarded to the national uranium company is compatible with EU state aid rules.

In June 2017, Romania notified the Commission of a restructuring plan for the Compania Nationala a Uraniului SA (CNU), valued at €95 million and taking the form of subsidies, aid, debt write-offs and conversions of debt into capital. The plan follows emergency rescue aid in the form of a loan for...

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