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Image header Agence Europe
Europe Daily Bulletin No. 13525
ECONOMY - FINANCE - BUSINESS / State aid

Romania authorised to pay €790 million for closure of coal mines in Jiu valley

On Friday 15 November, the European Commission authorised, under EU State aid rules, Romanian support of €790 million to cover the exceptional costs resulting from the closure of the four uncompetitive coal mines of Lonea, Lupeni, Livezeni and Vulcan in the Jiu Valley (south-west Romania). 

This measure will help Romania to phase out coal by 2032, in line with the binding commitment it made as part of its ‘National Recovery and Resilience Plan’ and its ‘Territorial Just...

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