"In 1980, the EEC aluminium industry produced over 2 million tonnes of primary aluminium and over 1 million tonnes of secondary aluminium. Energy consumption was 11 million toe per year and energy savings of 1 million toe were obtained between 1976 and 1979 by improvement in specific energy use....

The Euro Plus Pact was approved by 23 EU countries in March 2011 and came into force shortly afterwards. The Pact stipulates a range of quantitative targets meant to strengthen cost competitiveness with the aim of preventing the accumulation of external financial imbalances. This paper uses...