Tag: Energy Subsidies
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Three Hours of Free Power: Could the Plan Favour the Well-Off?
Overview: What the three-hour free power proposal could mean A new policy proposal in the energy sector suggests granting households three hours of free electricity each day. The intention is to ease energy costs for consumers and support households during peak demand times. However, energy giants and consumer advocates are divided on its potential impact.…
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Budget 2026: €10 Social Welfare Rise and Key Measures
Overview: A €10 boost for social welfare The long-awaited Budget 2026 is set to be unveiled, with government officials signaling a cautious approach amid uncertain economic winds. The headline change confirmed ahead of the address is a €10 weekly increase across all social welfare payments, including the state pension. This marks a more gradual rise…
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EU Court Overturns Funding for Hungary’s Paks Nuclear Plant Expansion
Overview of the EU Court’s Decision The European Court of Justice (ECJ) has made a significant ruling by annulling the European Commission’s approval of state subsidies for Hungary’s nuclear power plant expansion at Paks. This decision highlights the ongoing tensions between national energy policies and EU regulations regarding state aid. Background on the Paks Nuclear…
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EU Court Invalidates Hungary’s Nuclear Subsidy Decision
Overview of the EU Court’s Decision The European Court of Justice (ECJ) has recently delivered a pivotal ruling regarding Hungary’s plans to expand its nuclear power facility, the Paks Nuclear Power Plant. The court has determined that the state subsidies intended for this project do not align with EU regulations. This decision marks a significant…