EU proposes clampdown on green tech subsidies
A draft document seen by Euractiv reveals Brussels wants to halve the generous subsidy limits imposed during the pandemic.
A draft document seen by Euractiv reveals Brussels wants to halve the generous subsidy limits imposed during the pandemic.
Ahead of the EU leadersโ meeting on Thursday and Friday (27-28 June), German Chancellor Olaf Scholz insisted for the next European Commission to conclude more free trade agreements (FTA) with third countries โ without consensus among EU member states i…
The EU executive announced on Thursday (2 April) a six-month extension of the extraordinary framework allowing member states to grant support to farms and fishermen, set to expire in June, due to “persisting” market disruptions.
European Union member states have spent billions of euros supporting agricultural and food industries over the past two years, following a temporary relaxation of the bloc’s state aid rules to help businesses cope with the impact of Russia’s war in Ukr…
Several small EU countries have on Thursday (7 March) warned against the increased use of national subsidies within the EU, which they warn undermines the foundations of the single market.
As demonstrated by farmers protests this week, subsidies are addictive and create inefficiency. Still, the biggest economic transformation since the industrialisation might not work without them.
Germany will provide โฌ900 million to Swedish battery maker Northvolt, as the first country to make use of the European Commissionโs new subsidy โmatchingโ scheme that allows EU countries to counter foreign subsidies with their own offers.
Germany is the number-one beneficiary of the relaxation of state aid rules, having received almost half of the total state aid approved since February 2022, according to fresh data from the European Commission – deepening concerns over market fragmenta…