Brussels orders Romania to recoup millions it gave utility to cover EUA costs

Published 08:00 on November 16, 2018  /  Last updated at 10:50 on November 16, 2018  /  EMEA, EU ETS  /  No Comments

The EU has ordered Romania to recover over €60 million from utility CE Hunedoara, deeming illegal the government loans given to help the company meet its EU carbon market obligations.

The EU has ordered Romania to recover over €60 million from utility CE Hunedoara, deeming illegal the government loans given to help the company meet its EU carbon market obligations.

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