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Europe Daily Bulletin No. 13379

27 March 2024
Contents Publication in full By article 16 / 32
ECONOMY - FINANCE - BUSINESS / State aid
Takeover of energy company SEFE, European Commission approves Germany’s revised commitments
Brussels, 26/03/2024 (Agence Europe)

On Tuesday 26 March, the European Commission announced that it had authorised the modification of the commitments made by Germany as part of the recapitalisation of the energy company SEFE.

This is a modification of the commitments given by Germany in the Commission’s decisions which allowed Germany to take control of the energy company SEFE, deemed to be systemic, in November 2022 in order to replace the Russian shareholder and to recapitalise the company through a cash capital...

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