‘Dutch PM calls for a more frugal approach to combat US subsidies’
Mark Rutte opposes using new funds to combat threats posed by US green tech subsidies.
Speaking to journalists on Tuesday, Dutch Prime Minister Mark Rutte said the best way to save EU industry from the lure of US subsidies is to reform national policies, not shower companies with money. Rutte ma... Read more
Portugal pushes for fair distribution of green tech subsidies
Portugal's finance minister warns against creating competition between small and large EU states.
This week Portugal's finance minister warned that the EU's response to the US stimulus package for green tech should use financing instruments that ensure equality between all member states.
In ... Read more
EC chief announces Net-Zero Industry Act to counter US green subsidies
The European Commission will introduce a series of clean tech objectives for 2030 under the auspices of a proposed 'Net-Zero Industry Act', according to a report in POLITICO.
The announcement was made by EC President Ursula von der Leyen at the World Economic Forum in Davos on Tuesday.
The p... Read more
EC chief calls for aid to help EU clean tech firms compete with US
The head of the European Commission stressed the need to counter America's new "green subsidies".
Ursula von der Leyen has called for financing tools to help EU clean tech companies compete against their US competitors, who are benefitting from government support under the US Inflation Reduction... Read more
‘Vestager pushes urgent aid package to save EU business’
Commissioner Margrethe Vestager calls for a plan to counter competition from US subsidies.
The European Commission's Executive Vice President has proposed a new state aid framework to counter "urgent" challenges posed by the wave of green subsidies to US businesses, POLITICO reports.
Vestager... Read more