Ad

EU queries state aid in German-Russian gas deal

EU competition commissioner Neelie Kroes has asked the German government to explain why it has offered a financial guarantee for a plan to build a €5 billion gas pipeline between Russia and Germany.

"The commission has requested information from the German authorities so that we can verify that any state support is fully compatible with the EU state aid rules," said Ms Kroes' spokesman according to the Financial Times.

The commission wants to know whether the guarantee to cover €1...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
Ad
Ad