EU Govts Mull Softer Option To Split Energy Giants - Official
Friday May 9th, 2008 / 15h51
BRUSSELS -(Dow Jones)- European governments are giving up hope of adopting in full a radical European Commission plan to reform Europe's energy market, according to a European Union official. Instead, they are leaning towards a watered-down proposal from eight countries led by France and Germany. After a meeting of top government officials this week, Slovenia, which holds the six-month rotating E.U. presidency, "noted willingness to develop another option that would build upon the proposal by the eight member states," even though most countries prefer the commission's plan,