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EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia - Vimarsana News

EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia

The European Parliament and EU member states reached an agreement Tuesday on a plan to boost the supply of semiconductors in Europe, as the bloc races to reduce its dependence on Asian suppliers. The European Union has prioritised local chip production after the coronavirus pandemic triggered supply chain shocks that led to significant shortages. Asian industry, especially firms in China and Taiwan, currently dominate the manufacture and export of semiconductors.

Source: news18.com
Italy's Meloni needs the cash – POLITICO - Vimarsana News

Italy's Meloni needs the cash – POLITICO

Despite the constructive tone so far, relations between Rome and Brussels seem destined to become strained as the year progresses.

BBCNEWS BBC News June 4, 2024 21:20:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 21:20:00

Let its rules and state aid rules be the ones that apply in northern ireland, that is a pretty big coup for the prime minister. rishi sunak is a brexiteer. _ for the prime minister. rishi sunak is a brexiteer. but _ for the prime minister. rishi sunak is a brexiteer. but he _ for the prime minister. rishi sunak is a brexiteer. but he is _ for the prime minister. rishi sunak is a brexiteer. but he is alleged . for the prime minister. rishi sunak is a brexiteer. but he is alleged to| is a brexiteer. but he is alleged to be a details person, someone who can get across a very complex deal and ther...

BBCNEWS BBC News at Ten June 4, 2024 22:13:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 22:13:00

Subsidies of $370 billion to encourage companies to move their production and supply chains there. the eu is rattled and trying to figure out how to respond. it is thought they might try to loosen the state aid rules so that governments can support their own car industries, the kind of state aid that the uk thought was constrained by membership of the eu, so the question is what will the uk do to respond? there is only one electric battery plant here in the uk, there are 35 either open, under construction or planned in the eu. we are going through a once in a century migration revolution in ca...

The fiscal debates set to dominate European politics - Vimarsana News

The fiscal debates set to dominate European politics

The calculation in Paris is that Scholz will have no choice but to support the idea of more EU borrowing for Ukraine.