German energy company Uniper is awaiting a decision from the European Commission (EC) in the coming days on whether the planned state aid violates state subsidies rules. About reported on the organization’s website.
We’re talking about the European Union’s (EU) competition authorities approving Berlin’s aid on 16 December, which currently exceeds 50 billion euros, but approval still requires the decision of the EU executive body. At the same time, the aid program assumes that the company will be nationalized.
The press release said that current EU rules suggest that allocating subsidies to one company should not go to the detriment of other companies in the industry.
According to the company’s CEO, Klaus-Dieter Maubach, there will be certain conditions for receiving the funds if approved. Therefore, it is worth hoping that the conditions will not be difficult.
On 12 December, the newspaper Handelsblatt, citing sources, WroteHe said the EU commission had offered to sell its Dutch assets to the German energy company Uniper for the sake of the aid package.