EU members warned over oil risks
BRUSSELS - Agence France-PresseThe European Commission warned eight member-states on Feb. 27 to open their energy markets in the next two months or risk legal proceedings at the European Court of Justice.
“Opening energy markets for competition is key to competitiveness of the EU economy as a whole,” the European Union Commission said in a statement. Eight countries -Bulgaria, Cyprus, Spain, Luxembourg, Netherlands, Romania, Slovakia and Estonia- have done nothing to conform with the EU effort to diversify energy markets, Marlene Holzner, a spokeswoman to Energy Commissioner Gunther Oettinger said. The member states have until March. 3 to conform.