June 7, 2017 / 1:23 PM / 2 months ago

German government to pay utilities around 6.3 billion euros after court ruling

1 Min Read

BERLIN (Reuters) - The German government intends to pay back around 6.3 billion euros ($7.07 billion) plus interest to utilities after the Constitutional Court ruled on Wednesday that the country's nuclear fuel tax was illegal, a spokesman for the Finance Ministry said.

"Of course the government will implement the ruling," a spokesman for the Finance Ministry said at a government news conference.

He said it was unclear exactly how much interest would be paid and added that the government did not plan to introduce a new tax to replace the nuclear fuel tax.

Reporting by Markus Wacket; Writing by Michelle Martin; Editing by Madeline Chambers

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