By Reuters
Published on
ROME - Italy's economy minister suggested on Tuesday that the European Union could replicated jointly financed schemes such as its COVID-19 Recovery Fund to defend its industry in the face of the United States' Inflation Reduction Act subsidy programme.
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In comments made at a meeting of EU finance ministers in Brussels and issued by his press office, Giancarlo Giorgetti stressed the importance of "a European path for the industry of technological innovation."