Italian state aid compensating companies for energy costs approved by EU
( July 20, 2026, 10:45 GMT | Official Statement) -- MLex Summary: Italian amendments to a 2021 program compensating energy-intensive companies for high electricity prices caused by carbon costs in the EU’s Emission Trading Scheme has received EU state aid clearance. The European Commission said the program aimed to reduce risk of companies relocating to countries outside the EU with “less ambitious” climate policies.Statement follows....
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