| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/16/1911 (27.05.16) |
| Publication Date | 27/05/2016 |
| Content Type | News |
|
On 27 May 2016, the European Commission found German plans to grant €1.6 billion public financing for mothballing and subsequently closing eight lignite-fired power plants to be in line with EU state aid rules. The Commission concluded that the measure promotes EU environmental objectives, as it helps Germany to achieve its CO2 emission target, without unduly distorting competition in the Single Market. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-1911_en.htm |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe, Germany |
