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EU explores Germany energy value breaks for business
The European Commission opened a groundwork weekday into German facilitate for big companies amid its inexperienced energy shift, sparking a warning from Chancellor Angela Merkel that Berlin would fight back.
Germany, to support wind, star and different renewables beneath its nuclear phase-out, imposes a surcharge on electricity bills however reduces this levy for energy-intensive firms that face international competition.
The European Commission aforesaid it had launched a quest following to assess whether or not the discount amounts to state aid and an unfair advantage for a few firms.