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Romania To Scale Back Subsidies

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Romania, which Ernst & Young called "Eastern Europe's renewables haven" just a few months ago, now plans to follow other nations' recent moves in scaling back renewable energy subsidies to avoid further consumer price increases, the nation's minister-delegate for energy, Constantin Nita, announced in early March. The country is planning to cut the maximum value of its green certificates this summer or early in 2014, Nita said.

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Romania To Scale Back Subsidies

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