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French subsidies could hit EU competitiveness – Germany

10 Oct 2023 06:03

10 Oct 2023 06:03

(Montel) The German government has warned against France subsidising new nuclear build, saying it could seriously impact the competitiveness of the EU power market, the Sueddeutsche Zeitung newspaper reported on Tuesday.

It was a “very worrying case” in that contracts for difference (CFDs) offered by the French government to utility EDF could lead it to offer discounted electricity prices, said the report, with the criticism echoed by Belgium,…

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