Belgium Blocks 482 Million Euros from Spain for Non-Payment of Compensation for Renewable Energy Cuts - Levante-EMV
Economy

Belgium Blocks 482 Million Euros from Spain for Non-Payment of Compensation for Renewable Energy Cuts

A new front has opened in the major legal battle of international investors against Spain over the cuts to renewable energy subsidies approved by the government of Mariano Rajoy. A Belgian court has ordered the blocking of 482 million euros from Spain to ensure the payment of compensation to one of these investors, as confirmed by legal sources linked to the case.

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