October 09, 2013 at 17:33 PM EDT
EU Weighs Energy Breaks As Germany Defends Aid
The European Union is considering allowing governments to help industries with high energy bills after German Chancellor Angela Merkel vowed to defend the country's aid program for big power users. The EU's regulatory arm may approve partial support to some businesses, Joaquin Almunia, the EU's competition chief, said Wednesday concerning new state-aid guidelines to be adopted in the first half of 2014. The European Commission,
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