Press Release: State aid: Commission approves support for transformation of Latvian Mortgage and Land Bank

he European Commission has adopted two separate decisions on German support schemes in favour of energy-intensive industries.

Firstly, the Commission has concluded that a scheme compensating energy-intensive users for CO2 costs in their electricity price as of January 2013 is in line with EU state aid rules, in particular because it maintains incentives for the beneficiaries to further reduce their CO2 emissions.

In contrast, the Commission found that a 2009 scheme supporting non-ferrous metal producers was incompatible with the internal market, in particular because it would have entailed serious distortions of competition to the detriment of producers in other Member States.