Brussels, 13/11/2006 (Agence Europe) - On Friday the European Commission endorsed a €16 million subsidy Italy intends to grant to AEM Torino. The aid is intended to cover costs incurred in the liberalisation process of the electricity sector (“stranded costs”). The Commission considers that the subsidy is in line with state aid rules. However, as AEM Torino had received in the past a significant amount of illegal aid which it has not yet been reimbursed, the Commission has ordered...