The European Commission has published a report first compiled in June which concluded that Luxembourg granted French energy company Engie unfair tax benefits to the tune of around €120 million.

The Commission found that tax rulings granted by the government of Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits, actions that are illegal under EU aid regulations.

The ruling came after the European Commission concluded a state-aid probe into the tax...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now