European markets were higher on Friday, led by French power supplier EDF, after a court criticised government energy tariff controls. EDF gained after a French constitutional court said on Thursday that government controls on prices charged by energy suppliers were incompatible with European Union targets for opening up energy markets to competition. In mid-morning trade, London FTSE 100 climbed 0.5%, Frankfurt Xetra Dax gained 0.6%, and the CAC 40 in Paris added 0.5%. |
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