Merz Says EU Has Signed Off on German Plan for New Gas Plants


Merz said on industry power price cuts that “the European Commission will also approve the combination of several options.” Companies will be able to draw support from two instruments — a €7.5 billion relief measure for small and mid-sized enterprises, as well as an existing €4.5 billion program for reimbursing the costs of carbon allowances, which will be extended to a greater pool of businesses.



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