Now playing Next Europe News EU Policy. Commission carries out first raid under foreign subsidies regulation
Now playing Next Business Protests continue in Romania over taxes and Ukraine competition Romanian truck drivers and farmers protested across the country for the sixth time on Monday, as negotiations with the coalition government over lower taxes, higher subsidies and other demands failed to reach any agreements. 15/01/2024
Now playing Next Business Euroviews. The global minimum tax is here, and this tax emperor has no clothes Will the minimum tax raise hundreds of billions in revenue and end tax competition? At best, it’s uncertain; at worst, it’s unlikely, Daniel Bunn writes. 03/01/2024
Now playing Next Europe News Euroviews. The EU has to seek answers that go beyond short-term energy subsidies Brussels wants to extend regulations that permit EU member states to subsidise energy prices. While the sentiment behind this is to be lauded, the reality is that interventionism will ultimately distort the natural behaviour of the EU market and undermine its very future, Szymon Kardaś writes. 20/12/2023
Now playing Next Business EU Policy. Engie wins €128 million court tax fight The French energy company wasn’t given an unfair advantage by its arrangements in Luxembourg, judges ruled, dealing a blow to EU efforts to curb tax avoidance 05/12/2023
Now playing Next Europe News Brussels prolongs subsidies for struggling EU firms until June 2024 The European Commission has decided to extend until June 2024 two extraordinary measures that make it easier for member states to support companies affected by persistently high energy prices. 20/11/2023
Now playing Next Europe News EU may probe foreign subsidies to support its wind energy sector An action plan unveiled on Tuesday to boost the EU’s wind energy sector could trigger investigations into foreign subsidies where there is evidence of damage to European industry. 24/10/2023
Now playing Next Green News The World Bank has had enough of billion euro fossil fuel subsidies Fossil fuel and agricultural subsidies should be redirected to climate action, Ajay Banga suggested at the bank's annual meeting. 13/10/2023
Now playing Next Business Unfair Chinese competition: EU plans anti-subsidy steel probe In a joint effort with Washington, the European Union is planning anti-subsidy investigations against Chinese steelmakers. 10/10/2023
Now playing Next Culture news The French court of auditors calls for reform of film subsidies Too many films? One of the French Court of Auditors' recommendations is likely to be controversial... 20/09/2023
Now playing Next Europe Decoded Everything we know about the EU inquiry into Chinese electric cars It was the big surprise of the State of the Union speech: the European Union is launching a trade inquiry into Chinese electric vehicles. 14/09/2023
Now playing Next world news Euroviews. The EU can fight Big Oil's lawfare by ending the money train By suing governments due to climate action, fossil fuel firms are biting the hand that feeds them. There’s a simple solution: stop feeding them, Isabel Schatzschneider writes. 11/08/2023
Now playing Next Economy Brussels approves €8 billion in subsidies for EU-made microchips The European Union is hoping to boost domestic production of semiconductors and capture 20% of the global market by 2030. 08/06/2023
Now playing Next Nature Pay people €5 a day to keep biodiversity loss at bay, new study finds A conservation basic income can yield vital results for nature, for less money than governments spend subsidising fossil fuels and destructive industries. 24/05/2023
Now playing Next Europe News EU relaxes subsidy rules to prevent exodus of green tech companies The new rules will make it easier for member states to inject subsidies into key green tech products such as solar panels, heat pumps and wind turbines. 09/03/2023
Now playing Next Green News Why did governments spend €900bn on fossil fuel subsidies in 2022? The International Energy Agency has urged world leaders to spend money on clean energy solutions rather than fossil fuel subsidies. 20/02/2023
Now playing Next Green News Europe’s spend on energy crisis nears 800 billion euros The spending earmarked by the countries on the energy crisis is now in the same league as the EU's 750-billion-euro COVID-19 recovery fund. 13/02/2023
Now playing Next Europe News EU presents new industrial plan to counter American green subsidies The EU plan is a direct response to the $369-billion Inflation Reduction Act promoted by US President Joe Biden. 01/02/2023
Now playing Next Economy Germany & France account for most EU subsidies. Why is that a concern? The US Inflation Reduction Act has triggered an intense debate in the EU that pits industrial subsidies against fair competition. 17/01/2023
Now playing Next Green News EU approves €28 billion German renewable energy scheme Some say the multi-billion euro scheme could distort competition in the European Union's single market. 22/12/2022
Now playing Next France Macron-Biden meet is 'turning point' to avert trade war, Le Maire says France's finance minister Bruno Le Maire said talks between Macron and Biden in Washington have reassured European concerns over the US Inflation Reduction Act, a massive subsidies package to US manufacturers. 02/12/2022