Spain Halts Renewable Subsidies to Curb $31 Billion of Debts
January 27, 2012, 12:50 PM EST
By Ben Sills
Jan. 27 (Bloomberg) -- Spain halted subsidies for renewable energy projects to help curb its budget deficit and rein in power-system borrowings backed by the state that reached 24 billion euros ($31 billion) at the end of 2011.
“What is today an energy problem could become a financial proble…
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