EU unveils plan to counter US green subsidies, China competition
The majority of the EU's response involves repackaging already existing funds
Stay updated with breaking news from Markus Ferber. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The majority of the EU's response involves repackaging already existing funds
The proposals are an attempt to stop businesses relocating to North America and Asia.
Brussels: The EU on Wednesday unveiled proposals including a controversial relaxation of state aid rules to counter the threat to European industry fr...
The EU on Wednesday unveiled proposals including a controversial relaxation of state aid rules to counter the threat to European industry from US green subsidies and unfair competition from China. The bloc is racing to compete with the United States and China to avoid businesses relocating to Asia or North…