Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Nuclearelectrica debts erased by the state

In October, the state canceled debts amounting to RON 1.4 billion (€430 mln) owed to its budget by state-owned electricity producer, Nuclearelectrica, according to data from the Economy and Finance Ministry (MEF).According to MEF officials, the measure did not require that the European Commission (EC) be notified about this state aid, as investments in the nuclear energy sector are excluded from such legislation. "For this sector, stipulations of EURATOM are applied, which do not include ...

Article accessible to subscribers only. Please login or subscribe.

More