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Europe Daily Bulletin No. 8840

3 December 2004
Contents Publication in full By article 31 / 40
GENERAL NEWS / (eu) eu/state aid
Green light to Italian aid for non-recoupable costs after liberalisation of energy market

Brussels, 02/12/2004 (Agence Europe) - The European Commission has authorised Italian aid to the energy sector in order to cover "stranded costs" linked to the liberalisation of the market. These are costs which were borne by the companies before the market was liberalised- a market open which will make it virtually impossible ever to recoup these costs. The planned subsidies are of over 2.3 million EUR, and will go to compensate firstly the costs of nuclear power stations between 2000 and...

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