TITLE

Belgians retreat on price caps proposal

PUB. DATE
October 2008
SOURCE
Utility Week;10/17/2008, Vol. 29 Issue 22, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a decline in share prices in Belgian supplier Electrabel in October 2008, after energy minister Paul Magnette suggested the government might impose a cap on the company's prices. Prices fell when Magnette said electricity bills were up to 25 percent higher than in neighbouring countries and caps might be required. However, they recovered when other government members talked down the proposal. Bernard Clerfayt, secretary of state for finance, explained such a move would not attract new suppliers to the country.
ACCESSION #
35112973

 

Related Articles

  • EUROPEAN NEWS.  // Utility Week;9/22/2006, Vol. 26 Issue 2, p10 

    The article presents news briefs on public utilities in Europe as of September 22, 2006. The European Investment Bank plans to finance the improvement of water supply and sanitation services in Germany. Endesa is negotiating with Electrabel regarding the acquisition of power plants in Belgium....

  • Electrabel comes under market abuse scrutiny. Save, Isabel // ICIS Chemical Business;6/22/2009, Vol. 275 Issue 25, p41 

    The article reports on the statements of a spokesman from the Belgian Energy Ministry that the government is launching a probe into the alleged electricity price manipulation by Electrabel SA. It states that the Commission for Regulation of Electricity and Gas (CREG) accused Electrabel of...

  • CITY WATCH.  // Contract Journal;1/12/2005, Vol. 426 Issue 6507, p8 

    Presents a tabular representation of the stock prices of contractors, housebuilders and suppliers in Great Britain as of January 12, 2005.

  • Stocks Lower; Apple And Suppliers Lower On Analyst Warning. JUAN CARLOS ARANCIBIA // Investors Business Daily;11/10/2015, p00 

    The article reports on the decline in the stock prices of Apple Inc. and its suppliers, as of November 2015.

  • Suppliers take 1-, 3-year crown. Armstrong, Julie // Automotive News;7/19/2004, Vol. 78 Issue 6103, p40 

    Global suppliers top the rankings for one-and three-year returns. The data represent the second-quarter update of the Automotive News/PricewaterhouseCoopers Total Shareholder Return Index. Total shareholder return, considered the best indicator of shareholder value, shows the change in the value...

  • Stock watch.  // Automotive News;3/31/2003, Vol. 77 Issue 6031, p43 

    Presents statistical information related to stock prices of manufacturers, retail groups and suppliers in automotive industry as of March 31, 2003.

  • Sharewatch.  // British Baker;9/10/2010, Vol. 2 Issue 17, p10 

    A chart is presented that lists the food retailers and suppliers in Great Britain with its price in stock market including Marks & Spencer Food, Associated British Foods PLC and Finsbury Food Group PLC.

  • Shareholder value tumbles in 2nd qtr. Snyder, Jesse // Automotive News;7/30/2012, Vol. 86 Issue 6527, p19 

    The article reports on the weakening global prospects in all automotive sectors. It is said that as the pace of U.S. light-vehicle sales slowed and weakening sales overseas dimmed global prospects, shareholder value fell in all automotive sectors in the second quarter. The the Automotive...

  • stock watch.  // Automotive News;1/15/2007, Vol. 81 Issue 6238, p51 

    Several charts on stock prices of automobile manufacturers, retailers, and suppliers to automobile companies in the U.S. are presented.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics