EU to Scrutinize German Debt Plan for Level Playing Field
- Commissioner Breton says states must have same access to debt
- EU’s Vestager says crisis support must respect single market
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The European Union will examine whether Germany’s massive move to shelter companies and households from surging power costs breaches the bloc’s rules on public subsidies.
“Germany unveiled an absolutely gigantic plan of 200 billion euros ($198 billion),” EU Internal Market Commissioner Thierry Breton said in an interview on BFM TV on Thursday. “We need to verify that this is compatible with state aid.”