Public Power Wins Court Appeal to Overturn Lignite Order
This article is for subscribers only.
Public Power Corp SA won a European Union court ruling that allows it to maintain preferential access to cheap fuel for power generation, potentially helping the Greek government in talks with creditors on an economic overhaul needed to qualify for more emergency loans.
The European Commission failed to show Public Power abused its dominant position in the market for lignite, the EU General Court in Luxembourg ruled today. Public Power surged as much as