Financial Times FT.com

Radical EU energy reform blocked

By George Parker and Sarah Laitner in Brussels

Published: December 8 2006 22:26 | Last updated: December 8 2006 22:26

France and Germany have joined forces to block a radical shake-up of Europe’s energy market – a move that will prevent some of the region’s biggest power companies being broken up.

José Manuel Barroso, European Commission president, has been told that Paris and Berlin will not accept the forced dismantling of groups such as Eon and RWE of Germany, and EdF and GdF of France.

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